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This is meant to prevent a future crisis.
"But by definition, that sets the stage and sows the seeds of a future crisis".
To reduce the odds of a future crisis, the Obama plan would take three basic steps.
America's cheery preparation for a future crisis that has already arrived is disingenuous.
"That encourages excessive risk-taking and sows the seeds of a future crisis".
"We won't allow only the taxpayers to bear all the costs of a future crisis".
So unless the Treasury reverses course, these deals will not be fully regulated until a future crisis forces the issue.
KEVIN ROOSE DUELING OVER DODD-FRANK Will the Dodd-Frank financial regulatory overhaul thwart a future crisis?
If he needs the support of his right flank in a future crisis, he cannot be sure of getting it.
Cuts to the Army could leave Britain dangerously exposed in the event of a future crisis, MPs have warned.
But some American officials say that an antimissile system could be useful in a future crisis over Taiwan.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com