Why did the Dow crash and how it’s different from stock market collapse?
By Robert Reich.
September 19, 2018 07:19:11More from Robert Reich:Why did the stock market drop?
It didn’t cause the collapse.
It didn´t even hurt the economy.
Thats the argument.
And that is a problem because if the economy was hurt, it wouldn’t have happened.
It just didn´T happen.
But if the stock markets were hurt, we would have had the stock-market crash.
So the problem is that it has become a big political and social issue in America.
It’s an issue that is being raised over and over again, whether it’s Democrats or Republicans, the left or the right, that the economy is too fragile, that it is too vulnerable to a stock market meltdown.
And I think that that is wrong.
I think we should have a stock-based system that would help us manage the risks of the stock exchange.
I don´t think we have that system.
It isn´t working.
It doesn´t work well for the average investor.
The stock market is not like a government stock market.
It is a public exchange.
It has the same fundamental problems as the government stock exchange, which is that the big problem is not liquidity, the big issue is not the liquidity that the markets are producing.
The problem is the capital structure of the markets.
And so if we have a system that is more like a public-private venture capital company, which the markets can buy, rather than a private company, then it would be much more liquid.
So I don’t think it is a big problem for the market to have a government-like system.
I see no reason to think that the market will collapse because of a stock exchange collapse.
The big problem with a stock economy is the fact that the people who run the markets have become so insulated from the real economy that it can only be controlled by the big, powerful, financial institutions.
They don´ t have the power of a public company.
They have the powers of a government corporation.
And they have a much bigger say in the financial decisions that are made than the average person would.
The financial crisis in America is because of that.
It wasn´t because of the market crash.
The biggest problem with the stock system is that a lot of the decisions that the government makes are made behind closed doors.
And the reason why it is so difficult for the public to understand is because it´s not clear who is in charge of these decisions.
It might be a financial-services executive, a hedge fund manager, a big financial firm, a large insurance company, or maybe a financial company.
And in each of those situations, the decisions are made in secret and there is no transparency about the process.
So in fact, the government is running the show.
The American people don´T have any say in who runs the stock exchanges.
They dont know what they are doing.
The president is not in charge.
And if the government does decide what the market should be doing, it is done in secret, and the decision is not made public.
And when you look at what has happened in the stockmarket, you see that there is a lot more transparency than there should be.
You see that a huge amount of money is being used for lobbying, and it is being done to influence the decision-making process of the government.
There are so many big financial institutions that are getting involved in the markets, but they have no say in what is happening.
So you have an enormous amount of influence in the market.
The markets are controlled by a handful of financial giants that have all these interests at stake.
You have a bunch of big insurance companies that have huge interests in the health care system, big hedge funds that have a lot in the banking sector.
The insurance companies are very powerful.
They hold the reinsurance contracts, and they can set the interest rates on mortgages and mortgages and auto loans and insurance.
And all of these big interests have been lobbying heavily to have the markets operated as a public enterprise.
The result is that they control the markets almost entirely by making decisions in secret.
They are making the decisions behind closed, and that is the biggest problem that we have in the modern stock market system.
The other problem is, when you have a very big financial institution in charge, you have got a very powerful lobbyist that has the ability to get the information out to the public.
It may not be as powerful as a Wall Street lawyer, but a lot can be said about Wall Street lawyers.
They can do a lot with information that they get.
The lobbyists have lots of power.
They could change the rules, which they do.
They may be able to get legislation through the Congress that would have huge implications for how Wall Street banks do business.
The real problem is when the lobbyists control the decision making process. And even