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Financial Meltdown and Basic Economics

Interesting read on how and what led to the meltdown. What the role of the government should be,how history may have dealt with similar issues and why we need to get back to basic economics.
Very interesting reading in light of what the pundits on the Television try to spin to us.
No substitute to one applying one's own knowledge by learning the basics to really understand what's truly happened.
Is there really a possibility of self-regulation? If that were true we would not need laws....
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