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Investment banking has, in recent years, resembled a casino, and the massive scale of gambling losses has dragged down traditional business and retail lending activities as banks try to rebuild their balance sheets. This was one aspect of modern financial liberalisation that had dire consequences. ↗
Even with, or perhaps, because of, this background, I have over the past few years sensed a very dramatic change in attitude on the part of Prince Edward Islanders towards the on-going rush for so-called modernization. ↗
In religious and in secular affairs, the more fervent beliefs attract followers. If you are a moderate in any respect - if you're a moderate on abortion, if you're a moderate on gun control, or if you're a moderate in your religious faith - it doesn't evolve into a crusade where you're either right or wrong, good or bad, with us or against us. ↗
