“” will the removal of the Government guarantee (as is the suggestions) really provide incentives to ensure the underlying loans are good?”
Of course it would.”
Well I’m sorry but it was my impression that the unfettered and unregulated market was the one that got us into this mess. So how is it that these same forces are also going to get us out of it. I agree that Government support is not helping from many perspectives, but the lack of regulation played a equally important part in this chaotic situation? However, it doesn’t seem to be a very attractive option because it means a big shift in the balance of power.
