Quote:
Originally Posted by WhiplashDug
Things could get really bad... if the governements continue to try to fix things through regulation, then it will stay worse for even longer. The thing to be weary off, is if we continue to see this recession turn into serious deflationary phase. If thats the case, I would not be surprised to see 15-20% unemployment in the USA. There will be companies closign down left and right.
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Lack of regulation helped us get into this month. Allowing companies to become "too big to fail" without ensuring they are safe.