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I think, is to cut down the financial sector to size, and reduce its influence on the economy and on policy making, by turning it back into a boring - and heavily regulated - service provider.

That should easy in most places; it will be hardest in the UK and the US given the size of the sector there and its political power.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Oct 10th, 2008 at 08:09:11 AM EST
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