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In China, financial fraud is punishable by death. It is at once crude and effective. The subprime bubble may never have ever occurred if the perpetrators knew t
by kenster07 14y ago
In China, financial fraud is punishable by death. It is at once crude and effective. The subprime bubble may never have ever occurred if the perpetrators knew they would literally be risking their lives.
- tedunangst 14y agoIt is only effective against people the party doesn't like. State sanctioned fraud is less frequently punished.
- deleted 14y ago[deleted]
- kenster07 14y agoThough the death penalty is too extreme, once one accepts that financial fraud literally destroys lives, one must also concede that financial fraud calls for an equally harsh punishment.