Joe contends that the debt-based monetary system is what is broken, and financial reforms (like reinstating Glass-Steagall) will only delay the eventual collapse of the economy, not prevent it like monetary reform would.
We welcome all points of view. We respect all honest and open minded inquiry. We ask (but do not require) that you use some part of your real name on blog postings, and that you refrain from the personal attacks that characterize so much of the blogosphere. As a general rule, if you wouldn’t say it like that in front of your grandmother, please don’t say it that way here. There are Grandmas reading this blog.