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Markets are inherently unstable, or at least potentially unstable. An
appropriate metaphor is the oil tankers. They are very big; and therefore, you have to
put in compartments to prevent the sloshing around of oil from capsizing the boat. The design of the boat has to take that into account. And after the, uh, uh, Depression, the regulations actually introduced these very watertight compartments. And
deregulation has led to the end of compartmentalization.
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