There might be some of you who say, "It's just God thinning out the human race." and you might be right. However, also being a person who believes in, "God helps those who help themselves." I also know that it is apparent that individuals and groups of people orchestrated this thing for profit or political gain or both. I cannot say what individuals or groups but it is obvious to me and any thinking person that this did not happen either by accident or in a vacuum. It could have been stopped at any point by a few decisive people in Government in the Western World. So my question has to be, "Why wasn't the subprime stopped when it could be?" and next "What idiot thought it would be a good idea to let Lehman brothers fail.
More than any events besides Global Climate Change(especially serious droughts), the subprime being allowed to get out of hand and then allowing Lehman Brothers to fail(uncontrolled credit default swaps worldwide gone awry as a result)were the primary causes of this worldwide financial debacle. However, all this could have been easily prevented, if anyone in authority cared to fix it. They didn't. Why?