The problem was a big problem but the solution (the mega stimulus aka massive debt on the backs of working class taxpayers that will take decades to pay back, has created a bigger problem. We still have no job growth, we still have not made any structural changes to prevent a “Lehman II” and we have no bullets left once Lehman II hits – what are they going to do next time – print more money? All the excess spending has actualy made us much more vunerable to a massive collapse. The trigger could be Greece – which will default – or Spain or conflict between Saudi and Iran or Israel or ????
