Monday, February 02, 2009

Pajamas Media » Five Truths about the Banking Crisis

Another look at the "banking crisis".

Pajamas Media » Five Truths about the Banking Crisis

Five Truths about the Banking Crisis

Because people just don’t want you to understand it.

February 2, 2009 - by Tristan Yates

The first truth to understand about the banking crisis is that people don’t want you to understand it. You are supposed to trust in the judgments of the experts and give them whatever they are asking for, no matter what the cost or consequences. Just ignore the fact that many of these people are the same experts that failed to foresee or to prevent the problem in the first place.

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