Answer the following discussion questions. Two well developed paragraphs for each question. Keep each question separate.
1.”Financial planning is somewhat like economic planning. Market economies (under perfect competition) rely exclusively on the market for information and equilibrium. Do you think that financial planning is compatible with this economic theory? “
2.”The financial crisis of 2008 is still haunting our memories and is not over yet. The first bailout plan of 700 Billion Dollars was set up on the assumption that the banks were “too big to fail”. Later stimulus plans such as QE 2, QE3, etc. were used to “prop up” the economy. From your experience and research, what is the foreseeable impact of these measures?”
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