waterfall monday, page-63

takuan...why do continue to ask the questions, when clearly you have the answers.

So pointless me or anyone else "being silly' for your amusement purposes.

However you chose to ignore, "We can discuss the merits of the dangers posed, but really what other choice was available after GFC debacle?"

Increased Liquidity was the only way out after GFC imo, true the problem may not be solved.

But whats worst a catastrophe or a minor disaster?

I think the hope is to have no worst than a minor disaster.

But had they done nothing during GFC, then a catastrophe was the only outcome.