• @Krauerking@lemy.lol
    link
    fedilink
    32 days ago

    We didn’t regulate the housing market after 2008 cause the people with money were already getting in the driver seat and wouldn’t have it.

    • @kent_eh@lemmy.ca
      link
      fedilink
      English
      12 days ago

      Obama put in some regulations on the investment industry with the intent of preventing another sun-prime /derivative crisis.

      And Trump removed those protections a few years later for no other reason that Obama had implemented it in the first place.