Flame — HabitableZone

Flame » in reply to Socialism, for one.

re: Socialism, for one.

"Socialism with a provision which allows for private capital and the profitable investment thereof."

So the English are less greedy. And Swedes and French, and etc? But the Cubans are not less greedy?

Would you say that one way to measure greed of the people of a state, is that the number of people who gives more to charity or spends more of their own time helping the poor are less greedy?

"How about limits on "leverage"? Instead of allowing a person to borrow 90% of the cost of a derivative, maybe make them post 80% of it? The sort of thing learned from the Great Depression which was circumvented by those clever Conservative rascals."

That would limit how much money a person could borrow.

But without any rules by a government, lenders generally want more down payment in order to secure the loan. It's only becomes "possible" for lenders to lend at lower "down payments" or "no down payment" when government guarantees loan.

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