What is it, the fact that people in positions of responsibility prefer to ruin the institutions they are running than lose face by admitting a mistake and changing course?

they've starved any other neural pathways than the canon they have espoused, they were selected for their capacity to be single minded 'true believers' and now that's all they know how to be, especially as that attitude is reinforced every time they open a E1000 bottle of wine and feel like they're getting away with the heist.

any critical thinkers (not team players) were thrown under the bus long ago, the filtering so efficient, now their bubble of delusional denial is as hermetic as is possible, and only the most gamechanging of events can irrupt it.

since the universe abhors stasis, that's exactly what they'll get, unless enough wise heads unite in a message that could be strong enough to capture mass attention and steer the ship away from the shoals.

heavily armed, extremely paranoid psychos have taken over the asylum, now it will take a correspondingly high level of survival intelligence to wrest back the control from them.

it is a very tricky, difficult situation.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty