If you are an economist, what solution you can share about economic meltdown we are experiencing.?

Don't use this economic downturn as an excuse to move towards socialism. When these sorts of things happen people get scared, and they look at the current system and decide it needs to be completely overhauled. In my opinion that is the worst thing we can do for the long term growth of our economy. What will end up happening is that we will make it harder for companies to do business in this country and we'll scare off any potential foreign investors. Yes, there are certain things we need to change, but it looks to me like this wasn't as much of a failure of capitalism as it was a lack of ethics and a failure of our politicians. The burst of the housing bubble is a perfect example of that. Clearly that's what caused a lot of the turmoil in the stock market, but that doesn't mean we should make it harder for companies to buy and sell stocks. We just need to put in better mechanism for more transparency and accountability.

Perhaps the pendulum swung too far to one side, but let's not swing it to the opposite side which is just as bad, if not worse. Let's keep it somewhere in the middle.

tie up all the wall street bankers and lock them in a cage in a one on one bare knuckle fight against lions and tigers. Sell it live on pay per view, use the money earned to rescue homes and small businesses in risk of foreclosure.