Geldzug: WHEN YOU ARE IN A HOLE, THE FIRST THING TO DO IS STOP DIGGING

18 June 2018 It is difficult to begin solving a problem until you admit that the problem exists. One of the reasons that the GFC was so severe in the US was that US regulators had spent the previous decade or two ignoring the danger signs while they proclaimed the virtues of the free market and asserted that bankers’ self-interest was the best assurance that banks would not misbehave... [read more]