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Accountability Mechanisms ill-suited for Network Style Dec-Making

The global network of decision-makers and practices for decision making that had evolved outpaced the capacity for accountability in the newly evolved network of participation in financial decision making.

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Long-term causes of the financial crisis?
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Accountability Mechanisms ill-suited for Network Style Dec-Making
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Money is created through interest bearing loans.
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Unustainable forces of production/consumption: Capitalism
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Unintended consequences of earlier public policy choices
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Lack of financial literacy.
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Global Savings Glut
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Human cognitive biases
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Natural financial dynamics of the baby boom generation
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