Mr. Cynical

Signs of the Apocalypse in Markets?

Macro Man, I hope in your reference to populism you are referring to non-sensical anti-immigration policy in Switzerland and not populism writ large, which is exactly what this market needs. The reason the US is facing a debt downgrade is the plutocratic policy of the past 8 years. Populism may not be market friendly in the short-term, but over the long term nothing else will save us.

Macro Man wrote:

More troubling is the prospect of a populist political backlash to the crisis. Populism is generally the enemy of sensible policymaking