Because what__ lifeWithout happinessAnd where__ happinessWithout risk
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
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For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
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It is no accident that the words discipline and disciple resemble each other in the English language. The most common word in the Gospels for a Christian is disciple.