Leftists, especially Marxists, are fond of debates on crises. But our debates have often revolved around questions that are not exactly helpful to people in crisis. We tend to debate such questions as:
What are the underlying causes of crisis -- overaccumulation, overproduction, underconsumption, or what?
But the question that we should have been really debating, learning from historical examples, is: in case of a crisis, how do we counter a financial blackmail of capital (e.g., if you don't give us $700 billion, we'll commit suicide bombing and take you all down)? As long as we capitulate to this blackmail and seek a solution on capital's terms, we'll remain social democrats.