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comment by b_b
b_b  ·  3235 days ago  ·  link  ·    ·  parent  ·  post: Why the oil crunch could be worse than the housing crisis

If there's a positive here, it's that maybe another derivative crisis would give us the chance at the reset that we opted not to pursue under the TARP. We need a radically differ et approach to financial regulation, but it won't happen without motive, means, and opportunity. A crisis Malay precipitate that.