Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bhikkhu

(10,716 posts)
3. Its not so much people as it is an insufficiently regulated market
Sun Feb 26, 2012, 08:57 PM
Feb 2012

Its always tempting to imagine some individual mind behind bubbles and price swings and so forth, but if you look at the history of the markets its more just the dynamics of an unregulated market. Group activity can cause boom and bust cycles without any individual intention.

Its worth noting that "our market" essentially is Wall Street, and crashing it isn't in anyone's interest, except for a few who would see that as benefiting the next election - but I don't think that's what is happening either. Its just a regular cycle, lacking sufficient regulation.

Latest Discussions»General Discussion»Can we make futures specu...»Reply #3