Very good points made by David and other readers about service and greed in capitalism. Above all there must be pragmatism and common sense. The present problems were caused in no small part by lack of common sense for example regulators sleeping at the switch when the party went wild. For instance how can there be no downpayment for houses, in China you need a minimum 30% down!
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Very good points made by David and other readers about service and greed in capitalism. Above all there must be pragmatism and common sense. The present problems were caused in no small part by lack of common sense for example regulators sleeping at the switch when the party went wild. For instance how can there be no downpayment for houses, in China you need a minimum 30% down!
Sep 25 22:39 pm
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All Comments by investor88 »In Defense of Capitalism [View article]