As outlined in this article - http://nz.finance.yahoo.com/news/anniversary-great-recession-whats-changed-145605229.html - today marks the fifth year in which the financial crisis 'started'. I quote 'started' as the initial lead up occurred when those with very terrible credit ratings were given sub-prime loans; loans also given to those who needn't declare whether they earned an income or not, with the issuer of that loan selling it off, for a fee, to be incorporated in someone's stock that soon suffered when the bearer of the loan defaulted. What have we learned from the global recession? Are the effects of the recession still starting to be seen? Have we evolved at all to stop something like this happening in the future? I open the floor to all members to participate. I know very little about the ins and outs of this recession, however have read numerous books which detail how it all started.