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The last sentence practically says it all: > The big banks have surely drawn a lesson from the crash and its aftermath: that in the end there is very little th

The last sentence practically says it all: > The big banks have surely drawn a lesson from the crash and its aftermath: that in the end there is very little they will not get away with. and it tells the story of our societies failure and the total failure of our political systems. Maybe in the history books of the future, it will be written as the beginning of the downfall of our societies. But one thing is sure, the next crash will not leave us behind with a blue eye only, because the western countries have nothing left, to back-up the gambling losses of the banks. The wealth of our nations already have been wasted to those, which did not earn it and either a total crash will follow, or revolution or they (those that we let gamble with our money) will be the new aristocrats (or "oligarchs") of a new era of slavery.

WalterBright 11y ago
Much of what our government does is protect us against the consequences of our poor choices.
- PythonicAlpha 11y ago
  Maybe, but who protects us from the consequences of the poor choices of the governments?
retrogradeorbit 11y ago
And when the big crash comes, there will be enough time between the 2008 crisis and the next one for the general public to have no understanding of the context and causes. They will be unable to connect the dots. And in their confusion they will give the politicians carte blanche to solve it. The politicians will turn to those who gave them the most money, the banks and their lobbyists, the very people who are behind the crisis, and give them complete power. Then these people will squeeze even more wealth from the system to line their pockets. Rinse and repeat.
- PythonicAlpha 11y ago
  Exactly. After the 2ndWW the system had a chance to reboot and the previous governments have turned the rudder to more equality for all people -- thus we had two or three decades of wealth. But than the problems came and the politicians turned to the same old solutions and to the big money for advice. Today, the money has the power and the politicians are mere puppets of the money. And we are all busy to survive ourselves and don't see how humanity and the whole planet is killed by greed.
oafitupa 11y ago
Doesn't seem like a failure for the people at the top.

WalterBright 11y ago

Much of what our government does is protect us against the consequences of our poor choices.

PythonicAlpha 11y ago
Maybe, but who protects us from the consequences of the poor choices of the governments?

retrogradeorbit 11y ago

And when the big crash comes, there will be enough time between the 2008 crisis and the next one for the general public to have no understanding of the context and causes. They will be unable to connect the dots. And in their confusion they will give the politicians carte blanche to solve it. The politicians will turn to those who gave them the most money, the banks and their lobbyists, the very people who are behind the crisis, and give them complete power. Then these people will squeeze even more wealth from the system to line their pockets. Rinse and repeat.

PythonicAlpha 11y ago
Exactly. After the 2ndWW the system had a chance to reboot and the previous governments have turned the rudder to more equality for all people -- thus we had two or three decades of wealth. But than the problems came and the politicians turned to the same old solutions and to the big money for advice. Today, the money has the power and the politicians are mere puppets of the money. And we are all busy to survive ourselves and don't see how humanity and the whole planet is killed by greed.

oafitupa 11y ago

Doesn't seem like a failure for the people at the top.