The bill will fall due for crisis failures

...We are now two years into the financial crisis that emerged in August 2007 - universally considered as the worst of the post-World War II period - and it is time to take stock.

Debate on the root causes of the crisis will continue for years - and come with no definitive answer, but the US Federal Reserve's expansionary monetary policies during 2001-2007 and the US Treasury's deregulation ideology of more than a decade were necessary inputs for the crisis...

Asia Times: The bill will fall due for crisis failures