10.24.2011

The Tsunami Of Cheap Credit

The tsunami of cheap credit that rolled across the planet between 2002 and 2008 was more than a simple financial phenomenon. It was temptation, offering entire societies the chance to reveal aspects of their characters they could not normally afford to indulge.

Entire countries were told the lights are out, you can do whatever you want to do and no one will ever know. - in The Spec