[Richard Kimball]

To me, there are three essential elements to this. The first is that when the risk of failure is removed both individuals and corporations, they will cease to behave responsibly. The second is that corporations, left to their own devices, will always seek to form cartels or monopolies and co-opt the government to both underwrite and bless their activities. The third is that entities usually operate in their own short term interests, rather than their long-term interests.

There's a fundamental disconnect now between product and money. Fiat money allows manipulation of the markets to the benefit of the few. Eventually, though, economics requires that the fundamental link between the value of money and the value of goods or services will return to a true state.

[GOPJ]

Fiat money allows manipulation of the markets to the benefit of the few. Eventually, though, economics requires that the fundamental link between the value of money and the value of goods or services will return to a true state.

As water finds it's level, so will the value of goods and services. It's not good news - might be some lean years ahead.

[PapaBear3625]

The third is that entities usually operate in their own short term interests, rather than their long-term interests.

There's a reason for this. CEOs do not generally view event horizons past the point where they plan on pulling the ripcord on their golden parachutes

The average tenure for CEOs of publicly-traded companies is 7.3 years. The CEO has a built in incentive to pump up the stock performance of his company in such a way as to (hopefully) defer the crash until shortly after he plans to leave