The regulators ended up in bed with those they regulated. The regulators almost ALWAYS end up in bed with those they regulate, in a state of benign neglect if not actual disruption of the process. The liberal solution is more powerful regulators that then have even more reason to be corrupt.

Derivatives, hedge funds, whatever. The details are irrelevant. If you plug those holes, it will come through somewhere else.

Your entire worldview is in error. You will never find the gods you need to be in charge of it all, and after a raft of "new regulations," something else will happen.

There is corruption, graft, economic imbalance, fiscal collapses, and all the rest in completely totalitarian socialist nations. In fact, the more powerful the state, the more of it there is. Look around.

You'd think some of this would sink in.