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in a democracy, agreement is not essential, but participation is. join us as we discuss today s most critical global issues. join us for great decisions. great decisions is produced by the foreign policy association. inspiring americans to learn more about the world. funding for great decisions, is provided by the carnegie corporation of new york, the starr foundation, shell international, and the european commission. great decisions is produced in association with the university of delaware. now from our studios, here s ralph begleiter. welcome to great decisions, i m ralph begleiter. joining us to discuss the global impact of the financial crisis are roger kubarych, senior fellow for international economics and finance at the counsel on foreign relations. and mark calabria, director of financial relation studies at the cato institute in washington. gentlemen, ter the great depression, i think all of us had the idea that systems were put in place, safety net in place

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