There’s only one way to understand this so called “crisis”. It is to understand the Austrian Theory of the Business Cycle. The Mises Institute has provided an excellent way to get up to speed with this reading list. If you prefer to listen to podcasts, try these:
- Joe Salerno on Banking
- Jörg Guido Hülsmann on the Austrian Theory of the Business Cycle
- Jörg Guido Hülsmann on Hyperinflation
- Ron Paul on the “Crisis”
- Robert Higgs on the “Crisis”
You have to understand too that everything being proposed by the folks in DC is Keynesian and will only make matters worse for a longer period of time.