There, the private sector has essentially been left to fend for itself; and most households and companies are struggling, thus fueling continued economic implosion. Other countries appear to have adopted a “Field of Dreams” – also known as “build it and they will come” – approach to private credit markets, In the US, for example, artificially low interest rates for home mortgages, resulting from the Federal Reserve’s policy activism, are supposed to kick-start prudent financing.