Really? You understood "the perception that if you pool enough dubious loans together they somehow cease to be dubious" to be about government establishing perverse incentives? Because, wow. That's not at all what that phrase means.
Yeah, see, you can say you understand "stuff", but when you're flatly ignorant of the role the ratings companies played? That indicates that you actually don't understand stuff.
Regardless, that's twice you've shifted goalposts in a single page, which is more crap than I'm willing to deal with.
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