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I've never understood why building house of cards financial instruments that can fall apart at a moments notice is still legal. How many times do we need to go

• BoiledCabbage 3y ago
  > I've never understood why building house of cards financial instruments that can fall apart at a moments notice is still legal. It was illegal. It was illegal for over half a century. From the get depression onwards when it previously caused huge problems. And then a group of people started chanting about 'deregulation' and how much money they could make and yet again people feel for it and ignored all the lessons learned lay time people for greedy and started asking for lax oversight and rules for their financial markets. And we'll keep having examples of lessons to re-learn until we put the same regulations back that prevented this.