I know I'm repeating myself here, but I do so because it's "crazy" yet precisely what should happen. When the financial crisis first hit, one way or another all the banksters got a free money do over. It wasn't quite as simple as Ben showering them with bags of cash, but essentially that's what happened. The rest of us, including certain sovereign sates, just need a free money do over as well. There's no reason to continue with the endless crises.
