Re: Informal Bankrupcy-LadyNred

Posted by Keyser Soze (205.188.209.144) on January 31, 2004 at 22:06:21:

In Reply to: Informal Bankrupcy-LadyNred posted by J Kelly on January 30, 2004 at 23:19:23:

Informal bankruptcy, an example of the the freemarket finding its own solution. Government makes bankruptcy difficult? The marketplace comes up with a spontaneous alternative.
(See under: 'Prohibition' ca. 1929)

Look, organized crime is nothing more than a provider of services and commodities made difficult to obtain by government proscription. Tighten bankruptcy laws? The market will find an alternative, in this case ahead of the prohibiting legislation.

Prohibitively,

Keyser Soze

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