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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (259969)	7/11/2010 1:25:48 PM
From: grusum	Read Replies (1) \| Respond to of 306849

"Not true. Free markets do not self-regulate. That is exactly the kind of myth that was proven incorrect in the most recent downturn." the only myth is the keynesian crap that is proven never to work. government intervention only makes things worse in the long run, no matter what short term blips happen. how do think markets ever got started in the first place? do you think that regulation came first? do you think that government came first? doesn't that tell you anything? the most recent downturn was caused by government intervention in the market. without government intervention, the amplitude of the swings would be so minimal as to hardly be noticed. and more importantly the direction of the economy would be toward more prosperity, instead of the decline we are now headed into.