tag:blogger.com,1999:blog-5867260065662559631.post876715396363070479..comments2024-03-28T13:30:14.573-07:00Comments on CanSpeccy: Mish's Three Cardinal Rules of Stimulus: All WrongCShttp://www.blogger.com/profile/03399620869685840906noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5867260065662559631.post-28771112365892387072011-08-06T11:47:32.893-07:002011-08-06T11:47:32.893-07:00"We need to find a way where the cost of Wall..."We need to find a way where the cost of Wall Street/The City's bailouts are met by rich investors/bondholders in these institutions (who should be shouldering the risk under the rules of freemarket capitalism)"<br /><br />Yes, what is "too big to fail" should broken up. Then those that failed could be left to fail at their own expense. <br /><br />A further advantage is that there'd be more "freemarket," i.e., competition, in capitalism.<br /><br />Unfortunately, the trend is all the other way.CShttps://www.blogger.com/profile/03399620869685840906noreply@blogger.comtag:blogger.com,1999:blog-5867260065662559631.post-51003906546653378462011-08-06T10:27:02.145-07:002011-08-06T10:27:02.145-07:00Interesting article of the 3 cardinal rules. We ne...Interesting article of the 3 cardinal rules. We need to find a way where the cost of Wall Street/The City's bailouts are met by rich investors/bondholders in these institutions (who should be shouldering the risk under the rules of freemarket capitalism)and not the taxpayer of Main Street.Roderick Russellhttp://zerzetsen.wikispaces.comnoreply@blogger.com