Ｆｉｎａｎｃｉａｌ Ｉｎｎｏｖａｔｉｏｎ：Ａ Ｄｏｕｂｌｅ－Ｅｄｇｅｄ Ｓｗｏｒｄ？

Ｌｉ　Ｚｈｅｎ

The U.S.suffers

The United States is a nation famousfor its power of innovation, universal-ly acknowledged as the major factorthat makes the U.S. the worlds' economicand political superpower. Without it, the U.S.would not have reached the level of prosper-ity it has in the world. But today, things arefar from the optimistic picture than we onceanticipated. Innovation sometimes turnsinto a monster, one which has struck againwith the recent financial turmoil set off bythe subprime mortgage crisis.