Autumn of The Worlds Economy
We are at present, what I would call the Autumn of Finance in the World. Many people are loosing money as trees loose their leaves in the Fall (Autumn) of the year. It is time to take the leaves (failing corporations) and make a mulch out of them and use the mulch as fertilizer to help the new plants (New Businesses) grow healthier. As some plants die in the fall it is obvious that it is ludicrous to give them fertilizer ( a bailout) with the hope that they will grow in the Spring after a long and cold Winter (Recession/Depression).
Like I said we should take a lesson from Mother Nature. Hello Socrates.