Epic fail

According to Dutch prime minister Balkenende, the current global financial crisis is due to the failing of man, not the market (links to Dutch site). What the hell does that mean? What is market mechanism other than the way people let channel their greed into something that could be used by others?

Balkenende, a conservative Christian right wing man, apparently still clings to Friedman, but without understanding one bit of it.

Categorised as: politics

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