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Financial crisis shows why a change of government is helpful

October 23, 2008 by Peter Fletcher

Alan Greenspan’s admission that he was “partially” wrong to resist calls for more regulation that may have averted the financial crisis in the US shows why it’s important to change governments on a regular basis. Without the closet cleaning that goes on during the transition problems become exacerbated by being ignored. In the case of the US mess there were plenty of signs pointing to a problem but the system of government and governance ignored them.

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Filed Under: Politics & economy Tagged With: GFC

About Peter

Speaker, trainer and coach. I write about living, loving and working better. Love a challenge. More...

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