@Stephan873 @emptywheel The deregulation wave of the 80's & 90's certainly cointributed to the financial house of cards that fell in 2007/8.
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Replying to @DanMKervick
@DanMKervick@emptywheel What deregulation are you referring to?2 replies 0 retweets 0 likes -
Replying to @InquisitiveMarg
@Stephan873@emptywheel Also, the Gramm–Leach–Bliley Act, which repealed Glass-Steagall.1 reply 0 retweets 1 like -
Replying to @DanMKervick
@DanMKervick@emptywheel Lol. These reforms didn't cause the recession.2 replies 0 retweets 0 likes -
Replying to @InquisitiveMarg
@Stephan873@emptywheel Coomodity Futures Modernization de-regulated over-the-counter derivatives, was an accelerant of financial breakdown.1 reply 0 retweets 0 likes -
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Replying to @InquisitiveMarg
@Stephan873@emptywheel Here's another: http://www.businessinsider.com/bubble-derivatives-otc-2010-5 …2 replies 0 retweets 0 likes -
Replying to @DanMKervick
@DanMKervick@emptywheel@clusterstock http://fee.org/articles/did-deregulated-derivatives-cause-the-financial-crisis/ …1 reply 0 retweets 0 likes -
Replying to @InquisitiveMarg
@Stephan873@emptywheel@clusterstock Well, there is a very conservative, laissez faire perspective. Not buying it.2 replies 0 retweets 0 likes -
Replying to @DanMKervick
@DanMKervick@emptywheel@clusterstock The recession was caused by market failure. There's no single culprit.2 replies 0 retweets 0 likes
@Stephan873 LOL. That's funny. Like literally hysterically funny. @DanMKervick @clusterstock
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