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How did regulation stop the latest market bubble related to the housing bubble and false ratings for derivatives? I don't think scams are going away any time s
by johndevor 13y ago
How did regulation stop the latest market bubble related to the housing bubble and false ratings for derivatives?
I don't think scams are going away any time soon and there's dear little you can do other than to protect yourself with common sense.
- letstryagain 13y ago> How did regulation stop the latest market bubble related to the housing bubble and false ratings for derivatives? Deregulation starting in the Clinton era?
- boon 13y agoDeregulation didn't cause the false ratings.
- MartinCron 13y agoDuring the housing bubble, common sense (or at least the conventional wisdom) was that "real estate prices only go up" and "buy now or be priced out forever" These are real sentiments that I heard from real people who while they were wrong (and I felt they were wrong at the time) aren't completely stupid.