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ENOUGH?! To a first approximation, there has not been one policy change in the US that will reduce the necessity of future bailouts. (Basically, the single ov
by Lazare 14y ago
ENOUGH?! To a first approximation, there has not been one policy change in the US that will reduce the necessity of future bailouts.
(Basically, the single overwhelming issue is "too big to fail". To the limited extent that this has been addressed at all by regulatory changes such as Dodd-Frank, it has been to make the problem worse.)
- natrius 14y agoCan you explain how the problem has been made worse? I used "hope" mainly because I don't know the details.