mr.verymuch

Financials: How - And When - We Reached the Bottom

LOL! debtacid: 1929-30 sure was quotable.

But DSB has touched the central nerve: how much betrayal of essential trust can a market endure and still hope to prosper. I am often struck by the conservative obsession with getting the government off the backs of businesses so they can create value, jobs, and provide more opportunities for wealth etc,. But seems to me that lays a responsibility on businesses - in this case the financial sector - not to operate so recklessly that government intervention is the only way to prevent collapse. How can anyone observing this situation from the outside rush back in to invest in companies that have behaved so irresponsibly?