2011-08-24www.spiegel.de

This is an interesting article, though the major flaw is that it has assumed the conclusion that it's those "evil bankers" and no one else responsible for the financial crisis. Apparently, bankers up and decided to get extremely reckless in the last 2 or 3 decades, out of the blue. Government apparently had no role (except as a hapless damsel that had her chastity violated by the rapacious bankers), even though it was government that created the unstable fiat monetary system, manipulated interest rates downwards for years (making it difficult to earn a "normal" rate of return), and amplified cultural practices like highly-leveraged home ownership.


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