Whoops! Why everyone owes everyone and no one can pay

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We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans? In Whoops he explains, in language everyone can understand, what really happened - and what on earth we do next.