[quote=CA renter]If we had focused on the problems with the Fed and the Wall Street casino, we wouldn’t be having this discussion about the “financial crisis” or the “pension crisis.” Our problems are 100% related to Wall Street and our financial system, in general.[/quote]
Bubbles will happen in regulated markets, free markets, any markets, really. Its stupid and arrogant to think anyone can regulate the world to have no bubbles. Just as stupid to think you can de-regulate and have no bubbles.
What you can do is not bailout those who get burned by bursting bubbles.
Individuals can take matters into their own hands by not getting involved so it is sad that those taxpayers who had the wherewithal to not get burned are bailing out those who got burned.
