Depression of regulations
So many fuss about regulations. Completely disregarding the fact that no matter how you regulate the banking sector, it always has been and will be a step ahead of any government. It’s definitely going to be growing no matter of any regulation being in place. Irrespectively of any regulation or political claims, there’s always going to be a boom and bust as it’s a part of natural economic cycle. Hence the banking sector is going to grow, growing really big. Up until the the point when it’s going to be too big to fail, and I can easily predict: at some point too big to bail too. The only way to prevent this situation from happening again is to reverse laws of economy and set a ceiling point on size of banking sector and individual banks, beyond which the institutions will need to be broken apart and modularised. Who dares to admit that?