pescador
Well-Known Member
Twenty six pages....... no consensus. Imagine how hard it will be to get the US to agree on anything if we can't. There is only one way to even remotely start to influence this issue in the US. More regulation/controls. Not sure how anyone can relegate that option to a non-starter. Those of us that believe this and have seen what progressive regulations can do won't change our minds. Canadian banks survived the 08 melt down because we had stronger regulation than the US. We stood the test better than most other western countries because we are highly regulated unlike the US which had a very cavalier attitude towards having strong banking regulations. It was a free for all. We all know the results. Regulation, when it serves the public interest, can be a good thing. Many sophisticated western democracies adopt socialist ideology/regulation with good social results. Don’t sell it short.