Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (89041)	10/24/2008 11:24:52 AM
From: JBTFD	5 Recommendations Read Replies (1) of 116555

The thing that pisses me off is that they are boundly determined to socialize the losses and make everyone suffer instead of letting the bad apples suffer the results of their speculation. Why don't they just let those who were stupid enough to play with 40 times leverage fail? That might have a deterrent effect. As it is there is no incentive to be prudent.

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