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by a-user-you-like 1046 days ago
Thanks to excessive regulation
2 comments

... which is there for a reason.
Excessive regulation doesn’t help if your law doesn’t have teeth. Plenty on laws on the books in the US, but I don’t see enough people prosecuted for 2008.

And then the incentives are all wrong if you bail your buddies out anyway. Play with fire and the fed will bail you out is terrible.

"Europe could look like the US" sounds to much like a threat nowadays..