In your main leader you ruminate about the sorry state of the global economy (“Sticky Patch or Meltdown,” June 18, 2011). In the end, you call it a sticky patch caused by the tsunami in Japan, surge in oil prices due to the strife in the Arab world, and tightening of monetary policy on account of rising inflation. However, you warn that pig-headed politicians in America and Europe may turn things toward a meltdown. Harsh fiscal tightening in the former and a currency crash in the latter could be averted, but the politicians are to blame if and when things go awry. You treat the current situation as though it has little or nothing to do with the crash of 2008, though. Ever since the Great Depression, it was unprecedented in its severity. The Great Recession, as it was dubbed, cannot be cured by the usual recessionary measures. Also, you treat the unbridled capitalism that has caused the last crash as though it is sustainable. That is, as though it is not the very cause of the last crash. Ushered by Regan and Thatcher in the Eighties and rooted in the insatiable financial sector, unbridled capitalism is running amok. As it appears, it is well beyond control of poor politicians in America and Europe. Put differently, expect another meltdown soon.