Quote:
Originally Posted by sperbonzo
I do, and that's why government needs to be scaled back in such a huge way. When we keep on giving government so much power, will always bring us into a situation where government can take your money by force so it can reward it's friends with bailouts, and restrict any competition by increasing regulation to the point where only the big players can deal with it; we will inexorably be taken down this path.
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Cyprus shows what happens when you have not enough government influence on banks
same like the housing crash in 2008 and a few other examples.
when banks can do whatever they want, they fuck you up the ass with no lube and then pay themselves a bonus
i am surely no hardcore socialist but banks need to be highly regulated - worldwide