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420chan is Getting Overhauled - Changelog/Bug Report/Request Thread (Updated July 26)

Goldman Sachs guts last of regulations installed after last recession to prevent next recession

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- Wed, 21 Aug 2019 05:09:15 EST k4enMT4C No.178489
File: 1566378555112.jpg -(29212B / 28.53KB, 764x375) Thumbnail displayed, click image for full size. Goldman Sachs guts last of regulations installed after last recession to prevent next recession
https://www.bloomberg.com/news/articles/2019-08-20/volcker-rule-revamp-takes-shape-marking-big-win-for-wall-street

FFS
>>
Charlotte Worthingforth - Fri, 23 Aug 2019 10:42:10 EST M/Ws53KS No.178573 Reply
>>178570

Just like they didn't in 2007 when things started to slide? Or in 2008 when the last recession was in full effect?
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Fucking Pushlet - Fri, 23 Aug 2019 13:23:44 EST Vz33gXRD No.178580 Reply
>>178492
This is a direct result of the current administration. We were not due for anything.
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Alice Pondergold - Fri, 23 Aug 2019 14:42:09 EST 3Odo9IR+ No.178581 Reply
>>178492

The joys of the capitalism "Due for recession" It's like saying "Oh, he's due for being extremely sick"
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George Blackstock - Fri, 23 Aug 2019 14:59:57 EST qFtXSnUb No.178582 Reply
>>178492
Probably right after brexit.


>>178570
Haha, yeah.

>>178580
But recessions and depressions happen all the time, it's a direct result of the economic system that is a total piece of shit and because of people hiding their money.
>>
Samuel Micklebadge - Fri, 23 Aug 2019 15:11:35 EST jva21RDW No.178583 Reply
>>178582
>But recessions and depressions happen all the time, it's a direct result of the economic system that is a total piece of shit and because of people hiding their money.
You don't seem to dispute this, but conservatives certainly make it worse, with deregulation and selling us out to 'trickle down' economics, adding Trumps trade wars on top of it this time around. Capitalism is a very flawed system for sure though, and I am still having a hard time grasping a completely picture of what a successful post capitalist system could be like, but it's clear that someday we would be better off moving forward with something else.
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James Smallwater - Tue, 03 Sep 2019 04:27:31 EST nC9iL/JD No.178867 Reply
1567499251849.jpg -(252303B / 246.39KB, 613x872) Thumbnail displayed, click image for full size.
>Letting unscrupolous foxes guard the financial hen-house.
What cud go wrong?
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Albert Nicklespear - Thu, 05 Sep 2019 18:08:08 EST fxZPTs+O No.178909 Reply
>>178583
Conservative economic policy can forestall or hasten a crisis depending on where we're at in the 'business cycle' (liberal policy likewise).

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