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Another Free Market Fails

Yet another example of how economies go completely out of control when there are no rules. I got a laugh out of the suggestion that only chartered banks should operate in second life; does that include the chartered banks that lost billions in the real-world credit crisis?

We have ample evidence, in both second life and real life, that unregulated markets lead to fraud and economic disaster. Why do we still listen to the businessmen who rail against government regulation of the economy?

posted by : jimsum, 23 January 2008 Complain about this comment

Bankers ruin things in Second Life

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