The current worldwide financial crisis requires a focus on what distinguishes true economic value realization from artificial creation (such as financial derivatives and credit default swaps). It is now understood that the current financial crisis resulted from a breakdown in governance and antiregulatory advocates - allowing opportunists to let personal greed dominate the interests of citizens from all countries. Now, global leaders are moving to apply new laws, governance and government regulation to place reigns on unbridled capitalism. Weve learned valuable lessons about what isnt always true: the market always knows best; government hampers markets; and market problems will automatically fix themselves.
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