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Old 12-12-2011, 16:00   #405
Chrysalis
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Join Date: Sep 2003
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Re: Eurozone will collapse...

Quote:
Originally Posted by Chris View Post
The emphasis in this one is equally worrying:



The aim of regulation should not be to restrict profits, it should be to restrict dangerous activity that puts the savings of ordinary people at risk.

The notion that profit is an inherently bad thing is just nuts. The wheels would come off this country pretty quick if we carried on like that.
excessive profit is a bad thing, as profits ultimately have to come from somewhere.

you not noticed whenever the top 1% get richer then the rest suffer?

It would seem the US and the UK are sucking the world dry in pure greed cultures.

The financial sector in itself puts the savings of average people at risk, I call it for it to be disbanded and you call me nuts, what is it you want as you cant have both. If you support the financial sector then you support risk.
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