No surprise here. @cryoshon has it right in that the debt load is freezing the system. The banks failed in 2008 because we reached the limit of how much debt

No surprise here. @cryoshon has it right in that the debt load is freezing the system. The banks failed in 2008 because we reached the limit of how much debt the world can support (not counting all the fake debt those crooks sold in the form of derivatives). The US gave the banks a ton of money to stay afloat, but it didn't solve the debt problem ie. the debt didn't get forgiven. What's interesting about this year is that criminal proceeding are finally moving against the leaders of the banks that survived the 2008 crash. These things take awhile to work their way along. This will not do anything to help the economy, in fact it will only get worse as the banks circle their wagons and stop lending.