Re: Steve Jobs
"it's the goverments of most developed countries. In that case it is instructive to observe how the solution to excess public borrowing and spending in the Eurozone, UK, Japan, and US is to borrow more and keep spending, which then feeds the consumer credit bubble because these governments need to keep interest rates low to avoid bankrupting themselves, thus they create cheap credit for banks, inflating asset prices, and encouraging risky lending."
Very true but disinterested peoples vote nutty politicians with short term goals to make laws for their short term supporters. Government sets policy direction.
Greater than all the above is the fact that world middle classes are becoming equal in status and income. It's a small world after all. Steve helped make this new social world small. Good on him!
Bee well brother/sister.