Why is there not an economist at this table? Financial instruments that encouraged the lending of untold billions in 'easy' money to companies and individuals, did not do anybody any favors as one of the CEOs suggested. The easy credit of the past decade has fueled a consumption binge on household and other non-durable goods, so we have no hope of gaining value from our loans. One should never borrow for consumption, only for further investment in productive enterprise...(a house is a place to live, not a productive enterprise).















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