What Caused The Financial Crisis and Is It Affecting You

What Caused The Financial Crisis & Is It Affecting You I realize that the title of this blog might cause you to believe this is a post about money. It’s not. This is about failure. Specifically what causes it. Think about it – What causes failure? As I’ve asked people that question the typical response is incompetence. It is a lack of knowledge or skill needed to get the job done. And while that may be true on a small scale – significant failure is caused by something very different. What caused the financial crisis? Was it incompetence? If we believe it was incompetence then we are saying that everyone on Wall Street is an idiot, which may sound funny, but it’s not true. The people working on Wall Street and those who contributed the most to the financial crisis were some of the most competent people out there. What
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