Bailing out the rich. Letting them lobby everywhere. Not fighting cartels. Governments are pouring moneys to banks, and those aren't going to small businesses, they are going to speculative markets. Economy students do not believe their teachers anymore. When China will end its cheap products, the West will collapse. The West will discover that MBAs, accountants, lawyers, money movers, investment consultants do not produce anything. The collapse will be dramatic. But it will take much time. China wants to continue build itself up as much as it can. One day the imbalances will be so large, collapse will be inevitable. Keep studying MBA's for now.
U.S. defense chief tells Congress: Military options remain against Iran (DPA)
from the article: The alchemist (II)