"The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy."
Milton Friedman
Now...government does some good...but whether it was the lack of oversight which encouraged greed or perhaps the failure to take proactive measures, this could have been prevented. Many say we are witnessing corporate Darwinism...More importantly, it would be great to know that we have bottomed out and the climb is imminent. What fixes this madness?
