Quote:
Originally Posted by Deckard
Yes I know what you mean. The idea of a reset button is optimistic. It's just wondering when the heck it's gonna actually arrive. At the moment, every measure, every announcement, every package seems to be met with.... more falls.
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In my mind, the reset button IS the plummeting markets. We're approaching a time where, in my opinion, we'll need to do more than simply recover and get back to where we once were - we need to rethink economic philosophies to an extent. Personally, I think the main lesson that's being driven home is that the stability of the entire economy was resting far too squarely on a tiny handful of giant companies. So maybe the future will include something along the lines of regulating just how big and powerful an individual company can be in order to avoid these kinds of staggering collapses.
And following the same line of thinking, it may be easier to pare down the size and scope of the government (smaller government is a conservative ideal I still hold) as a result. It seems to me that the bigger and more powerful companies are, the bigger and more powerful government needs to be in order to be capable of keeping companies from abusing their power. Who knows?
Do keep in mind that some of the core ideas in this theory are stoner ideas, but it still makes sense to me......