The American system has outlasted the Soviet system by 22 years. - TopicsExpress

The American system has outlasted the Soviet system by 22 years. However, isnt the collapse of Freddie Mac, Fannie Mae, Bear Stearns, and Lehman Bros a serious sign that unlimited capitalism cannot survive in its present form either? Why is the Federal Reserve Bank still a privately owned entity when it literally issues every single American dollar? With JPMorgan swallowing a $13 billion fine from the SEC, is there another economic crisis looming?

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