View Single Post
Nov27-11, 01:38 AM
P: 66
Quote Quote by mheslep View Post
Can you imagine a stock market crash that would "take out civilization"? Really? Does this mean you equate economic depressions with the end of civilization, an actual return to barbarism?
If banning the more toxic aspects of derivatives and severely regulating what's left to return market stability is an actual return to barbarism then most people would be all for it. The problem is equating the era of unregulated derivatives to some sort of civilisation, maybe a new way of life for those who benefit but it is immoral that the rest of us barbarians cannot share in the benefits of this new civilisation even though we pay for it.