>all the major crises are followed by radical political transformation Personally I think the last economic crisis was major, but there was no great political

>all the major crises are followed by radical political transformation Personally I think the last economic crisis was major, but there was no great political upheaval after it. The bad actors were propped up with bailouts, the advisers that really drive politics remained in power. Which makes me think the next crisis will be even more major, because we haven't solved any of the underlying problems. This is kind of like with a bug caused by technical debt. We implemented a workaround that will cause much bigger failures than the last one instead of refactoring.