Hah, if that was the issue it won't be bad. Wall Street taking debt is no concern really.

The real issue is the extraction of wealth from citizens by Wall Street, Wall street builds nothing, absolutely nothing. They claim they provide liquidity, but yet when things look bleak, that liquidity dries up as they run and tighten up on credit. When they going is good, it's all about wealth extraction, they extract it from 401k, pension funds and from every day transaction between average investors trying to make an investment. The entire world of HFT is a joke. They have turned the market into something worse than a casino. In Vegas, you really know your odds, at wall street some of the instruments that are being pedaled shouldn't even be allowed in a video game.