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A comment on Finance is Not the Economy. Parent comment

Re:Finance is Not the Economy by AnthonyMouse on Monday September 26, 2016 @01:34AM (#12579459)
> But why do you only blame the the financial industry, and not the fisherman?

Because the fisherman has no alternative. If loans are given too freely then taking the loan becomes necessary to compete in the market against competitors who do.

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Re:Finance is Not the Economy by josho on Monday September 26, 2016 @09:03AM (#12581422)
I suspect that the financiers will make that very same argument.
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Re:Finance is Not the Economy by AnthonyMouse on Monday September 26, 2016 @03:42PM (#12584924)
Except that the fisherman weren't the ones lobbying for regulations that allow/encourage the finance industry to do that.
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