[arrogantsob]

It is interesting to observe business cycles and the credit aspect of them. No matter people don’t learn and keep doing the things which impact and drive the business cycle.

Credit abuses are something which cannot be avoided without crushing the economy in general.

[PerConPat]

Credit abuses are something which cannot be avoided without crushing the economy in general.

I think I have the gist of your comment. But I may need clarification. Perhaps credit abuses are unavoidable. However, I would add that credit bubbles- aka credit mania- ought to be avoidable in predominantly honest societies governed by honest leaders.