Accountability for the financial crisis

**AlfredJPruffock** · 1 November 2011, 18:15

Jeff

Why should there be limits in economic expansion - just look at the Universe - its been expanding for around 14 billion years - and dont forget that a World War does create a huge opporunity for many industries - yes expect WW3 any time soon- we'll all be better off in the long run.

Thatcher claimed there was no such thing as a free lunch - but she was wrong - you see the Uinverse itself is the ultimate free lunch.

**d000hg** · 1 November 2011, 18:19

Originally posted by Jeff Maginty View Post

Has anyone noticed that in all this fuss over the global financial crisis of the last few years, the one glaring omission from the debate is to mention those who were responsible for this catastrophe and thereby confront their mistakes?

Seems to me we've done nothing BUT look for people to blame.

**scooterscot** · 1 November 2011, 18:23

Originally posted by AlfredJPruffock View Post

Thatcher claimed there was no such thing as a free lunch - but she was wrong - you see the Uinverse itself is the ultimate free lunch.

The universe has unlimited resources earth does not.

**d000hg** · 1 November 2011, 18:24

I don't think the universe is infinite either. It's just much more finite.

**scooterscot** · 1 November 2011, 18:28

Originally posted by d000hg View Post

It's just much more finite.

Pray do tell the difference between finite and much more finite.

**sasguru** · 1 November 2011, 19:20

Originally posted by scooterscot View Post

Prey do tell the difference between finite and much more finite.

Perhaps he will when you learn English.

**d000hg** · 1 November 2011, 19:42

Originally posted by scooterscot View Post

Pray do tell the difference between finite and much more finite.

It's the same, but more so. You wouldn't understand.

**Cliphead** · 1 November 2011, 19:49

Originally posted by d000hg View Post

It's the same, but more so. You wouldn't understand.

I'm not so sure the universe is finite, perhaps not in size but possibly in time as it dies a heat death but remains forever as a collection of cold, dark cinders.

**sasguru** · 1 November 2011, 19:53

Originally posted by Jeff Maginty View Post

Has anyone noticed that in all this fuss over the global financial crisis of the last few years, the one glaring omission from the debate is to mention those who were responsible for this catastrophe and thereby confront their mistakes?

.

The majority of the Western world was responsible for the "catastrophe".
Hubris, not a little racism, a sense of entitlement, poor leadership, brainless consumerism, an inability to see change coming are all factors.

HTH

Accountability for the financial crisis