We saw the failure of communism, so now with this subprime crisis we have also seen the failure of capitalism too.
I say failure because some Governments had to step in to assist the market. Until now the market was the ultimate decision maker.
If the market could decide then those banks would have closed down. Obviously the world economy would have collapsed so;
The Markets and Capitalism with it have failed.
Last edited by drummerac; 30th-September-2008 at 11:28 PM.
Reason: typo
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