Thread: A billionaire explains the middle class
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jim jim is offline
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Default A billionaire explains the middle class
wrote:
F. George McDuffee wrote:

Why is there no government mandated "crash test" of financial products?
Why no evaluation of their safety and efficacy comparable to
FDA drug screening?

There are supposedly tests on how long banks can stand


It wasn't bank deposit money that was funding the flaky
financial products. Stress testing banks doesn't address
the question.

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