It would create five new agencies which sounds expensive and quite redundant and bogged down in red tape
It would dismantle numerous banks. The caps would limit the total assets of any financial institution to 3% of GDP and 2% of GDP for banks. , the six largest banks in the US currently have holding that equal 63% of GDP
It does nothing to address Fannie Mae and Freddie Mac which were the key figures in this meltdown
There is no proof that derivative trading caused a crisis.
Citizens ability to make loans would be controlled by the govt
They understand no risk means no reward.
Or are they just racists
It would dismantle numerous banks. The caps would limit the total assets of any financial institution to 3% of GDP and 2% of GDP for banks. , the six largest banks in the US currently have holding that equal 63% of GDP
It does nothing to address Fannie Mae and Freddie Mac which were the key figures in this meltdown
There is no proof that derivative trading caused a crisis.
Citizens ability to make loans would be controlled by the govt
They understand no risk means no reward.
Or are they just racists