How will this great depression be remembered in the future? How wil it be explained in the history books?

^sorry, ^will So my view is that we're in a great depression that started in about '07. The FED managed to blow gigantic bubbles to postpone the inevitable and make matters worse. This view is probably pretty common in this sub. What I'm wondering is, how will this depression be remembered in a few decades? We all know this crisis is caused by the expansion of cheap credit and malinvestments in the economy but are there any hints to what the depression will be blamed for? What do you think will get the blame and are there any hints that point to this? Will it be globalization or cold winters, automization or the energy crisis, War in the Middle East or not enough money printing?

link: http://bit.ly/1RrCeI9