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 Jun 9 2009, 06:35 PM
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  Group: Staff Alumni Posts: 7,020 Joined: May 2008 Member No: 653,768  |
"As a result of the current global financial crisis, the international financial system can no longer rely primarily on the free market. To avoid future financial crises, governments and multilateral agencies will have to assume greater regulatory control over international flows of capital." Do you agree or disagree with this statement?
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Jun 9 2009, 08:43 PM
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 Sarcastic Mr. Know-It-All Group: Staff Alumni Posts: 2,089 Joined: Dec 2003 Member No: 29 |
QUOTE(kryogenix @ Jun 9 2009, 07:35 PM)  "As a result of the current global financial crisis, the international financial system can no longer rely primarily on the free market. To avoid future financial crises, governments and multilateral agencies will have to assume greater regulatory control over international flows of capital." Do you agree or disagree with this statement? Disagree. When was the last time we actually relied on the free market? Between subsidies, random incentives, stupid regulations, oppressive taxes and other bullshittery like the Federal Reserve, the government has far too much influence on the economy. If anything is to blame, it's government intervention, not the free market. |
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Posts in this topic
kryogenix Reliance on Free Market Jun 9 2009, 06:35 PM
liquidice If the bailouts and federal takeovers go much furt... Jun 9 2009, 06:54 PM kryogenix I'm going to copy/paste some responses from th... Jun 9 2009, 06:57 PM
Uronacid QUOTE(kryogenjx @ Jun 9 2009, 09:43 PM) D... Jun 12 2009, 11:15 AM reupONtrees LAISSEZ FAIRE BITCH Jun 10 2009, 03:59 PM kryogenix QUOTEI do not believe that more governmental contr... Jun 12 2009, 12:07 AM kryogenix QUOTEThe question I have to ask myself when posed ... Jun 12 2009, 12:08 AM kryogenix ps post #6 is my post on the discussion
this is f... Jun 13 2009, 12:14 AM |
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