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Re: Inside Job (movie)
by
P4man
on 22/12/2011, 09:51:33 UTC
I don't have any theories about what happened to Iceland at this point.  I don't know what happened.

So, when you watch a documentary that explains what happened there,  you stop watching after 5 minutes because you dont like what its saying and assume it to be wrong despite not having a clue?

As for "too much regulation" and "government intervention" mantra's; please, dont confuse them. Government intervention as in bail outs or other market distorting actions are bad. But a free market needs regulation, regulation is not evil its a dire necessity.  Its not regulation that caused this crisis, if anything its a lack of good (and enforced) regulation.