this post was submitted on 30 Mar 2024
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China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt (www.scmp.com)
submitted 6 months ago by intelshill@lemmy.ca to c/worldnews@lemmy.ml
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[–] intelshill@lemmy.ca 12 points 6 months ago* (last edited 6 months ago) (9 children)

Overlegislation of the financial sector will lead to financial collapse. An upper crust of obscenely wealthy bankers is essential for the proper function of the financial system and thus the economy.

Edit: /s fuck y'all are ruthless

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