On: United States loses AAA credit rating from S&P

[uladzislau]

It's not just US the whole world economy system is screwed. Look what happens in Europe.

People should really make some radical improvements to the way economy and finance system work. The main things: it should be simplified and transparent.

If only a few experts understand what happens how could the system be reliable and secure? Everyone also knows that the more complicated is the system the higher is the failure rate.

[davidw → uladzislau]

> If only a few experts understand what happens how could the system be reliable and secure?

Would you rather fly in a 747, or something from 100 years ago? The latter is far, far simpler and easily understood by non-experts.