Comment: I see only two problems

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I see only two problems

1) FDIC insurance. With such government insurance banks cannot even theoretically go under, they can only merge or split.

2) Government keeping pension funds in stokes. Same thing.

Whining about Wall Street or derivatives is like whining about speculation. If you do not want to lose, you do not play. Economy cannot suffer from speculation - for every loser there is a winner. A bancrupt company would just get a new owner who would rehire most of the employees (since such a new owner would got it on the cheap.) But for that to work, freedom from wise central planners is needed.