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Another Crash?

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Seems an ex-City Trader (maybe with an axe to grind), has said that traders in Canary Wharf haven't modified their behaviour, and that risk taking is wilder than ever. So can we expect another financial crash?

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what have they to lose, they make money when markets rise and they make money when markets fall.  If they are allowed to feel too big or important to be allowed to crash and that they will constantly be bailed out by punishing the worst off in society they will never give a toss.

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Er-hum; don't think many, if any of these "traders" even went to prison for the last debacle. It fell on the tax-payer to bail out the banks and for the poorest to pay the price of an austerity programme. Now there may be firewalls between High Street Banks and Investment Banks; but any financial crash affects the global economy, which ultimately affects us all.

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If you say so; but the question was about whether we will suffer another financial crash or not, due to the continued antics of market traders.?

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If they do the same thing over again then obviously yes, nobody is powerful enough to stop them though.

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I mean that the people at the top of the financial dungheap buy and sell countries and Governments.  They are untouchable and decide all our fates, we just work to provide for them.

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So no socialist Utopia on the horizon then ? !

not without a fight, probably why they hate Corbyn  so much, he doesn't conform to the norm

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