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Is there another 'Financial Crises'

Discussion in 'Politics and Current Affairs' started by Gujjar, Oct 18, 2011.

  1. Gujjar

    Gujjar Lurker
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    Is there a new financial crisis ahead which world has to face? There are many news relating to riot in America and England.
     

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  2. OutofDate1980

    OutofDate1980 Android Expert
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    Maybe just a continuation of the financial crisis. Riots, depends on what you call a riot, some are viewed as protests, civil disobedience, etc, others view them as riots, mobs, etc. A lot depends on the view point of the observer.
     
  3. Dark Jedi

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    We have to get over the current crisis before there can be another.
     
    SamuraiBigEd and Vehtemas like this.
  4. ElasticNinja

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    Cork City, IMF, EU
    If you mean in the financial sector, yes there is another crisis. The crisis never ended for ordinary people
     
  5. OutofDate1980

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    The prostitutes, a.k.a, politicians love crisis.

    How Wall Street Killed Financial Reform | Politics News | Rolling Stone

    "That means all those thousands of hours of debate and fierce negotiation spent hammering out Dodd-Frank two years ago might now go up in smoke in a matter of a few quiet minutes. Of the big-ticket items that were actually passed two years ago, the derivatives reforms have been completely gutted by loopholes, the Volcker Rule has been delayed for two years, and the Consumer Financial Protection Bureau may be thrust under the budgetary control of Congress, which is determined to destroy it. And much of this is taking place with the assent of Democrats, for a very simple reason: because the name of the game isn't cleaning up Wall Street, it's cleaning out Wall Street
     

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