Hypotheses which are too simple to be true as stated

We need a new banking system.  A new banking system takes years to
build.  We will be in an economic downturn for years and because this
crisis is global it will not be better than Japan in the 1990s.  It is
hard to build a new banking system through the current, old, nearly
insolvent banking system.  Maybe some smart person has a
plan to build a new banking system through the old system, while
avoiding toxic contamination through the problems of low-solvency
institutions.  That smart person remains silent.  I have not given up
hope.  The Great Depression had bank failures, we have bank zombies.


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