Bailout is incomplete

Bailout is incomplete
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Dr. Alexander Mirtchev, a Washington-based consultant, an economic advisor and founder of the Krull Corporation, told ISN Security Watch that the Washington bailout is incomplete for lack of regulation to prevent the excesses that lead to the near-meltdown.

“Some form of government supervision must take place, as markets and market players may not stick to the rules,” said Dr. Alexander Mirtchev, “Without being too interventionist, governments should embrace the reality that they have responsibility how market players operate and how to mitigate the possible social fallout.

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