Education is important for someone who is only inclined to make a career working for others but it is neccessarily not a qualification for someone with risk taking capability and who intends to succeed in business.
oooohhhh...don't even dare to compare. 25% unemployment rates, where cash is king, continuous deflation and lot more bad things. We are not even 10% there...I hope we would never get there.
U.S government did not interfere during the 1929 stock market crash and later repented. Since then federal reserve was created to interfere in moments of crisis. But government should not turn capitalism to socialism.