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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (149234)9/22/2008 11:30:37 PM
From: neolibRead Replies (1) of 306849
 
Actually, I'm not trusting at all, I'm merely trying to understand what would be the best approach. I don't think purely free markets work. The problem we are in is largely the result of such a market. The last five years have been exhibit A of democracy & free markets. Idiots vote idiots into office and they all try to vote themselves rich, and they bow down to their respective alters and this is where we end up. Therefore I don't think more of the same will work magic just because we are going in the opposite direction.

I'm of course much in favor of both democracy & free markets, but a little regulation can improve both. What the right regulation should be is the interesting question.
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