It’s the responsibility of everyone to try to canalize the energy of indignation to societal improvements. A prominent mechanism to avoid derailments is more transparency.

As long as structural measures to end the “too big to fail problem” of banks is not completed, we have to consider the potential negative effects of bonuses and exit payments.

To maintain our social system, there is a need to create 400.000 jobs towards 2020. An objective calculation shows that to increase labour intensity of economic growth and to upgrade the employment rate, a wage cost reduction of 5% is only a first step.

The first stirrings of what would later be called the “sub-prime crisis” were observed in August 2006, in the midst of the greatest possible indifference. Hence, seven years have gone by since the western world stumbled over itself.