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Old 03-28-2009
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TheBillster TheBillster is offline
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I read about the US government moves against the current situation of the financial sector a lot in newspapers over the last couple of days. A lot of Countries all over the world are doing similar things.
It is some kind of irony that the die-hard capitalistic US are making plans for taking over big companies if it is a too big risk for the entire economy if you let go these companies bankrupt.
And furthermore it was very interesting to read that US minister Gleithner wanted to establish another form of regulation for the finance sector.
The things are slowly moving into the right direction. Capitalism is great, if you know how to use it. And apparently the world financial sector didn’t.

Let’s hope that we are slowly getting out of the mess the financial companies all over the world caused.
And even with all the needed moves the markets will flourish and capitalism will of course survive. It will just be a new form of capitalism with everyone exactly knowing about his responsibilities. It was time for that.
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