I'm not saying other countries don't have issues. I'm saying that the anglosphere is unusually unable to make difficult decisions. When other places have issues

I'm not saying other countries don't have issues. I'm saying that the anglosphere is unusually unable to make difficult decisions. When other places have issues (financial crisis or large company bankruptcy events) they get on with them. For the last 12 years we've sat on low interest rates because no one wants the short term pain of putting them up even though that just makes it worse in the long term. Take Ireland: big sovereign debt issue after 2008. No issue today because they got on with austerity and bounced back. Iceland (I believe) also made tough decisions (allowed bankruptcies). The Dutch aren't running their whole economy around keeping ABN Amro afloat either. That's the issue here: everyone makes mistakes but do you take the hit and clean up or pretend it isn't a problem and just keep extending credit...