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There are still "public" overcrowded hospitals, and "expensive" normal ones. And healthcare is not the only issue. US economy is huge bubble, that is why it burst.
There have to be country regulations in everything. For example, what enron did, was unacceptable. No private company should be able to arbitrage electricity prices. And the same goes for all basic resources, water, highways, public transportation, even phone lines.
Europe regulates all that, there are laws and restrictions on everything. It doesnt always run smoothly, but the big picture is a lot clearer. The endgame is good for the little guy. The big guys have no problem anyway.
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