Re:Facebook and Google Helped Anti-Refugee Campaign in Swing...
by ekianjo on Wednesday October 18, 2017 @08:27AM
(#15498527)
> Since then, tightening regulations on global banking has led to banks being much less likely to fail and trigger another crisis.
you are in for a big surprise the next time a crisis hits the market. And even if your statement were true, only a few banks crashing would lead to a catastrophic domino effect, because everything is very largely inter-connected. What we have done since 2008 is largely insufficient to consider the current financial system as robust.
Are you sure?
To me is looks like this:
Loosening the regulations on US mortgages was a strong contributing factor to a global financial crisis.
Since then, tightening regulations on global banking has led to banks being much less likely to fail and trigger another crisis.