For all of the claims that the free market is the reason for the sub prime crisis everyone constantly overlooks just how regulated the housing and banking industries are and just how effectively socialized they were at their core with pretty much all risk being laid at the feet of the tax payer in one way or another.
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For all of the claims that the free market is the reason for the sub prime crisis everyone constantly overlooks just how regulated the housing and banking industries are and just how effectively socialized they were at their core with pretty much all risk being laid at the feet of the tax payer in one way or another.