One has to ask why several major economies are currently in the crapper.
The short answer to me seems to be that people who already had a lot of debt borrowed even more money, and spent more money than they earned. Eventually, the whole thing collapsed.
So how will Obama and Gordon Brown combat this?
Both the US and UK governments already owe an awful lot of money - their debt levels are huge. But they are going to borrow even more money, and spend more than they take in as tax.
Anyone see a horrible symmetry there?
Why is it that something which led many individuals to their financial doom is suddenly a good thing when practiced by socialist politicians?