The Vicious Cycle

I can't buy anything because my credit cards are maxed out. My credit cards are maxed out because I don't have any money. I don't have any money because my retirement account is gone. My retirement account is gone because the stock market tanked. The stock market tanked because the mortgage companies went bankrupt. The mortgage companies went bankrupt because morons are running them. Morons are running them ... well, I don't know why morons are running them. Can anyone explain that?