Negative Equity and Unreal Thinking creates the credit crunch, Johan.
Oh dear ....another headless chicken fond of his feather nest.
Ok, Johan, let's just pretend like good little boys that you might actually know what you are doing. Would that keep you happier than actually heralding Change? It would also keep all those sticky fingers in the pie/noses in the trough, wouldn't it. I do admire your dogged optimism, though would suggest that whenever it is misplaced it does everyone the Greatest of Dis-Services, but then Business Ethics and SOX Compliance are Alien to the dog eat dog world of the Markets and Fantasy Financing where the Rules of the Game are as flexible as you would wish to make them and where they're so easily bought. I suppose it is always a case of .."If you can't beat 'em, join em" although when it is a recipe for disaster one would have to question the Wisdom in that miserable failure.
The problem isn't Credit, the problem is Debt dressed up in fancy clothes and pimped as easy money for nothing of value ...... or would you disagree?
MeThinks some new Blood into the System, with some good old fashioned blood letting to purge it of Impurities, would do IT no harm and a Power of Good..