One has to assume that if economic/financial advisors and regulators really understood what was going on, they wouldn't be advisors or regulators. It's not that they aren't smart enough. It's a lack of confidence in humanity. It's about making money or doing the right thing. If these two always occured in conjunction with each other then our advisors and regulators would be rich and our bank executives poor. Pick your battles but don't tell me somebody getting paid any less than $100k a year actually knows what's going on.