I suppose this may have partly to do with ignorance and partly to do with corruption.
Reshared post from +Annika O’Brien
If you know me in person, you've probably heard me talk about how Sweden dealt with their great bank bailout in the 90's. I finally just Googled it and, lo and behold, there was an article written up in the NY Times in 2008 about it.
How Sweden Solved Its Bank Crisis – NYTimes.com
When they faced a financial crisis similar to the United States’ in the early 1990s, Sweden took equity in the banks to protect taxpayers.
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Not to mention, greed..
dont underestimate laziness