What can we learn from the crisis?

who is responsible and should the US government arrest those responsible because there seem to be lack of corporate governance, How can we prevent such a crisis

What we can learn is that even people who are supposed to be professionals in their industry are no better than ignorant homeowners in screwing up their finances. For further proof of this, look at the major financial crisis of the US government, which is now wallowing in over $9 trillion in debt.

 Europe’s Bankers?

Seems like everytime we bail out someone it just encourages the banks to continue to do stupid things and to make risky bets.

Probably the right thing to do…along with very strict requirements from the IMF and ECB…but the bankers are just not learning their lessons. And not clear that they will if they can always count on a bailout.

Can China Save Western Economies From Collapse?

Pretty soon we know…