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Which is why it is so crucial to have simple and very clear rules without any complexity.

This is the opposite of the US financial regulation system, and in a large part depends on the political system, where banks can fund individual congressmen and senators to add complexity and exemptions.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Fri Mar 19th, 2010 at 07:25:02 AM EST
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