Well, That's a Relief

It appears that, according to Matthew Lynn, the credit crunch was not caused by Lap Dancers, Cocaine, £900 bottles of wine, sexual promiscuity, and general hedonism.

Whoa, that's such a relief.

Actually, it's not a relief, because fixing this problem will be much more complex, and much more painful than anything we would have to do in the hedonism scenario.