Comments on: Super Rich: Greed Game http://youngandinvested.com/video/super-rich-greed-game/ THE hub for finance and investing insights from the new generation. Sun, 13 Jun 2010 22:30:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Shishir Nigam http://youngandinvested.com/video/super-rich-greed-game/comment-page-1/#comment-10 Shishir Nigam Sat, 13 Dec 2008 18:27:50 +0000 http://youngandinvested.com/?p=197#comment-10 Very good piece Alex! Very instructive video.. Very good piece Alex! Very instructive video..

]]> By: Rob Viglione http://youngandinvested.com/video/super-rich-greed-game/comment-page-1/#comment-9 Rob Viglione Fri, 05 Dec 2008 07:25:55 +0000 http://youngandinvested.com/?p=197#comment-9 The causes of this crisis remain elusive, with blame pointed in every direction. My colleague, James Haas, wrote this balanced review of the blame game: http://www.thefreedomfactory.us/whos-to-blame/ Basically, Haas explains that we are all culprits in the debacle. We've become accustomed to living outside of our means for far too long. Sure, there were incentives to do so, but ultimately we must take responsibility for our own precarious financial conditions. Only in this fashion will we be forced to take necessary actions to bring lifestyle expectations in line with reality. Here's a piece I wrote that is, admittedly, far more accusatory towards government policy. http://www.thefreedomfactory.us/financial-crisis-proves-failure-of-government-not-capitalism/ In retrospect, I favor a more balanced explanation. Government was only one (though a big one) of the many players that brought the system down. The causes of this crisis remain elusive, with blame pointed in every direction. My colleague, James Haas, wrote this balanced review of the blame game:

http://www.thefreedomfactory.us/whos-to-blame/

Basically, Haas explains that we are all culprits in the debacle. We’ve become accustomed to living outside of our means for far too long. Sure, there were incentives to do so, but ultimately we must take responsibility for our own precarious financial conditions. Only in this fashion will we be forced to take necessary actions to bring lifestyle expectations in line with reality.

Here’s a piece I wrote that is, admittedly, far more accusatory towards government policy.

http://www.thefreedomfactory.us/financial-crisis-proves-failure-of-government-not-capitalism/

In retrospect, I favor a more balanced explanation. Government was only one (though a big one) of the many players that brought the system down.

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