I am truly concerned about the future of the Western world

Regulators, on their own initiative, instructed banks, by means of capital requirements based on perceived risk, to stay away, more than usual, from what was perceived as “risky” like the small business and the entrepreneurs, and embrace, more than usual, what was perceived as “not-risky”, like the triple A-rated or the “infallible” sovereigns. The fact, that this does not raise any eyebrows, bodes badly for a Western world, which became what it is thanks to risk-taking. 

If we do not rid ourselves of these dumb overly nanny regulators, the Western world is doomed to perish in some dangerously overpopulated absolutely safe-haven.