regulation today (make money, economy, China, system)

[Spodi90]

How would you regulate the economy today? The general economy and its big brother finance? I'd like to hear opinions of both the left and the right. Thanks.

[andywire]

Hire the smartest Americans money can buy, and let them figure it out. The complete opposite strategy the US tends to employ basically...

[MLSFan]

What's wrong with current system? If you can't id the problem, why try to regulate it?

[andywire]

Originally Posted by eyeb

What's wrong with current system? If you can't id the problem, why try to regulate it?

It's poorly managed and largely corrupted.

Mind you, the US still remains the best house in the worst neighborhood. We can settle for mediocre if we want to.

[MLSFan]

Mind you, the US still remains the best house in the worst neighborhood. We can settle for mediocre if we want to.

so what neighborhood is better? the only neighborhoods that come close are EU and China if going by GDP...

you want to argue that it's better there? How? It's a lot easier to make money in the US than either of those places...

and how do you regulate poorly managed? By adding more management? And same with corruption, you can't really regulate it out... it's something that needs to be done by the people who are brought in...