Financial liberalisation is supposed to help households to borrow in bad times and so smooth out consumption, but again it is a two-edged sword: it also makes it easier for firms and households to take on too much debt during booms, which may exacerbate subsequent downturns.
From what we can hear, the One X has excellent noise suppression, but that also became a double-edged sword as we moved to about two meters away from the phone -- the aggressive suppression started to interfere with our voice and therefore made it hard to interpret the distant speech.