Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Socialisation of losses is fine within the right framework, I think.

To me, that means that whoever receives some sort of public guarantee, limitation of liability, or insurance, should actually pay something for it, if they are able.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Mon Aug 17th, 2009 at 05:59:32 PM EST
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