The governments stop interfering with fundamental principles and let the market clean out mistakes

What could we learn from the Lehman Brothers lesson .
"We need some more Lehmans so we can get out of this."
" Over the past 20 years Messrs Greenspan and Bernanke introduced crony capitalism to the West which is leading to a lost decade[s]. Market fundamentals are that failures should collapse and be replaced by creative new forces rather than being propped up as zombies. Financial institutions have been failing for centuries and the world has survived. Had the central bank allowed the failure of Long Term Capital Management to run its course, Lehman, Bear Stearns, et al would still be here. Everyone would have lost so much capital and fired so many incompetents that the madness of serial bubbles (dotcoms, housing, consumption etc) would never have occurred."

Jim Rogers
Source FT.com


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Peter schiff Jim Rogers Obama gold silver federal reserve economic collapse crisis michael maloney gata inflation alan greenspan ben bernanke LTCM max keiser stacy herbert comex GATA dollar fiat amero currency bretton stock market crash rothschild jp morgan goldman sachs credit hyperinflation celente weimar Moriarty bullion coin manipulation lindsey williams bob chapman IMF bailout larouche alex jones ron paul