So i've seen a zillion posts on the web and newspaper articles and tv discussions
in Europe and the US (particularly, in UK and US) and it is really sad to say that
people are really really o na hiding to nowhere blaming "the other side" politically, whatever side they are on, simply because no-one saw it coming, at least no significant warnings were given (since we have the web going back to 1992, we can trawl old articles without having to go to newspaper print archives etc, and this is just clear).
Lets just take the classic Cameron argument that Brown let it happen in the UK because of de-regualtion. Well, firstly this de-regulation started with Thatcher's de-mutualization of the mortgage lenders, and then went on to deregulation of markets, but secondly, the tories applauded Brown's hading over of power over interest rates to the bank of england. No. Sorry. Doesn't wash - they are all equally to blame. I've read a similar line of argument (republicans blaming Clinton policy), but exactly the same thing applies - the entire lot of them are as much or more to blame as the greedy idiots on Wall Street and in the City, who are really just trained monkeys when it comes down to it.
so after Cameron, the Scottish parliament leader jumped on the "let's bash brown" bandwagon - what is especially grotesque about this all is that the financial crisis was obviously global - US, plus most of Europe, Russia, and Japan, and even, slightly, China and India - to blame this global turmoil on one local (albeit G7) country's behavior is pretty surreal - i'd assert that people who do this (and didn't say anything about it for the last 11 years) are both hypocrits, and incompetents.
in the meantime, I noticed an old guardian article from 1 week ago listed banks in trouble in each country in Europe, with a comment from the Swiss government that there was "no problem there" - hah - tell that to UBS:(
denial, denial, everywhere is denial
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