The bankers have proven themselves to be.. not just uncaring but entirely incompetent to manage commercial investment. The “system” does not work – it is intrinsically flawed by its current design and needs to be replaced with more granular and socially just structures. It can be done with some careful planning and a few strokes of the pen. Our current failure of economics came into being with the same actions – the difference being what the policy changes do: either make gains in the short term or long term, either benefit the few or the many.
We’re long overdue for our financial policies to make long term gains for many. That can only happen if we replaced these failed, wrong-headed guidelines with better ones – look past the dollars that contribute to the next election, that money is dirty and its source should not be perpetuated.