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Old 10-23-2008, 06:13 PM   #9
wompastompa
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Originally Posted by Silent Wizard View Post
Your understanding of the current economic situation is fairly clear (imho) but fails to discuss the root causes:

deregulation of the finance industry with no one watching the store

The tranfer of public wealth into private hands via contracts worth huge sums of money for wars of aggression.

But all this is off the topic of fiesta economics, lets talk about that.
I mentioned free market but didn't really get specific, so I would understand why you didn't catch the correlation
and also, most analyst dont see deregulation as the root of the problem, it merely accelerated the decay of the economy

Last edited by wompastompa; 10-23-2008 at 08:21 PM..
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