Posts Tagged ‘Financial Crisis’

h1

Understanding the financial crisis.

June 3, 2009

A succinct analysis of how we got into this mess.

h1

Fixing a broken system.

November 18, 2008

There is nothing worse than hearing good ideas and knowing they will be ignored.  This is from Microclesia’s A Debased Liberty.

One thing is clear – creating massive amounts of new debt to bail out a failed financial system is insanity. We are buying temporary relief, while further propping up an unsustainable future.

We should instead be focusing our efforts on creating a new kind of capitalism that seeks to immediately prioritize the fundamental needs of all stakeholders, creates airtight disincentive to personal and corporate greed, mandates leverage limits (ALL types of debt: individual, corporate, legislative, equity markets) at conservative levels – while encouraging human creativity towards the development of long-term sustainable systems and energy alternatives.