IMF Blames Crisis On Lack of Regulation

From the International Monetary Fund, you know, the people who shoved unfettered global profit-seeking down the throats of impoverished countries for decades, comes this fabulous insight: inadequate regulation was the major cause of the current financial crisis.

You can read about it in the Economist, or you can read Dollars & Sense’s own Dr. Dollar (Arthur MacEwan) in a recent column.