We used to tax ourselves to feed the monster, but now we have to borrow from countries like China. The monster has eaten over 10 trillion dollars, and still wants more. We tried to figure out how to somehow create more money to feed it, even though we didn't have any, so we invented funny money, complicated things like mortgage-backed securities, and derivatives, along with insurance, if the debt monster ate them. We created a quadrillion (a thousand trillion) dollars worth of those, but he was still hungry, so the debt monster went to Wall Street and ate all that up along with the banks and investment companies that they came from, as well as the insurance companies that backed them (AIG), which just received another 30 billion dollars. After it was finished downtown, it went to Main Street, then into the suburbs, eating one house after another. This is Godzilla on steroids.
Now people are losing their homes, and their jobs. It is a disaster of worldwide proportions. What to do? Maybe we should confront what caused it - our own lust and greed?