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<p>[QUOTE=&quot;Cloudsweeper99, post: 1136541, member: 3011&quot;]That&#039;s where things were headed again without intervention.&nbsp; The intervention wasn&#039;t fair and it is a black mark on the economic history that it occurred.&nbsp; But the alternative of letting the free market hash it out would probably have been worse [we&#039;ll never know for sure].&nbsp; One thing to keep in mind is that the problems were great, and the free market would have ruthlessly destroyed most debt and perhaps all derivatives.&nbsp; Most non-FDIC savings and investments would be gone.&nbsp; For several years there would have been no credit cards, no car loans, no banks, no food on grocery store shelves since just about every chain finances inventory, etc... Sometimes it is better to give a free pass to a few of the guilty rather than gut the innocent to make sure everyone gets the correct punishment.[/QUOTE]</p><p><br /></p>

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