Malgrave wrote:Hippostania wrote:Because financial institutions have a right to do whatever the hell they want, and no government may limit or restrict their operation
You've not actually answered my question. You believe that corporations have the right to use money that is not theirs to gamble on the international investment markets? Financial regulation provides the environment for real economic growth not a series of bubbles. Why do you think the Canadian financial system held together so well? Proper financial regulation was the cause.
Likely has more to do with having a high mineral export rate like Australia.
When your country exports things pulled out of the ground you tend to focus investments on that.
As it stands right now even government bonds have been failing, Kinda hard to imgine any country with regulation that would forbid investing in government bonds.



