Today’s global economic malaise has been contributed to a variety of factors including loose lending standards, collateralization of debt, the shakiness of exotic investment derivatives and a lack of necessary regulatory controls.
I pondered upon this for a while. But, what I did other that think about this was go back in time to basic economic theory. Now bear in mind, that this is not my expertise – I’m someone who tries to understand human psychology and find a middle ground where business and humankind can co-exist in ‘profitable’ harmony, some people call that field marketing. » Read more: Estonia’s success with a Free-market Economy or Thank you, Mr. Friedman
