This blog is partly devoted to the sharing of my learning of the English language (my well mastered mother tongue is Chinese and I am not an English teacher) and its *cultures*, partly to the current significant trends in Canada and in the world, and partly to my own random thoughts and little life. I am not religious, but I am somewhat interested in Christianity and Buddhism, among other personal interests. Welcome. And, have a good day.
Sunday, March 10, 2013
Western countries' governments had given their imprimatur to financial firms to do almost anything they please.
That has angered most people, who have been paying a dear price for the practice.
It's apparent that financial firms' activities often cause negative externality, in Economics' terms. For that matter, some high financiers must have swooned when people and their democratic governments realized it.
It's apparent that financial firms' activities often cause negative externality, in Economics' terms. For that matter, some high financiers must have swooned when people and their democratic governments realized it.
When getting refused, it is in order to accept the refusal gracefully and then talk to other candidates.
That's the beauty of free market and free society.
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