sether

Signs of the Apocalypse in Markets?

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

The supression of populism is exactly what led to the nonsensical policies which led to this crisis. We (the people) have been led to beleive that our heath as a society is somehow tied to the health of the stock market, or we have allowed this to be so. Piddling 401K accounts have led us to beleive that our interests are somehow aligned with those of the plutocrats and their patrons who run the markets and the government. Well, we are all investors now, willing or not.
Before this is over we will root out the plutocrats and they will be justly and severely punished. I will be surprised if we don't have some Marie Antoinette action. Surprised and disappointed. We know where you live.