French President has Answer to America’s Market problems.

Nicolas Sarkozy is one of the voices for more interventionism…

“Let us rebuild together regulated capitalism, in which whole swathes of financial activity are not left up to market operators, in which banks do their job of financing development instead of encouraging speculation, and where rules of caution apply to all, to avert shocks, instead of exacerbating them,”

Actually, the only solution is to allow these companies to become bankrupt, and liquidise the assets. Otherwise bigger risks will be taken. If you heavily regulate companies they just become inefficient extensions of the government. What is the reason to innovate or be efficient if your profit is guaranteed and capped?

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2 Responses

  1. “Actually, the only solution is to allow these companies to become bankrupt, and liquidise the assets.”

    That does some much more sensible, yes.

  2. I’m thinking I should have investments in energy companies, train companies anything which is heavily regulated.

    I’m sure the politicians from the G20 countries will think of a lot of good ideas to save us all.

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