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Thread: Good Layman's guide to the financial crisis

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  1. #15
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    Jan 2009
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    I agree with Mr White, the solution is education, not disfranchisement as bourbon apparently professes. Naked short selling is only one method out of many to corner a market: The money will always flow to the financial tool that is less regulated. During the last 200 plus years there have been financial crises every 10 years and it will continue.

    In addition to previous lists of entities to blame, the press can also be included. There is a general overemphasize of the equity capital markets vis-à-vis the other capital markets. The former used to be regarded as vulgar for a reason.
    Last edited by SNK; 01-04-2009 at 01:42 PM.

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