When Poplulist Rage Attacks
By Markham Lee on May 21, 2009 | More Posts By Markham Lee | Author's Website
…..AKA the punch most of the country wishes they could throw
All that being said: while the bankers and MBAs deserve a lot of the anger that is being directed at them, let’s not forget that this crisis is truly a perfect storm of bad decision making on the part of corporations, bankers, politicians AND consumers. One of the things that continues to concern me is that so many people view this crisis as something that the bankers “did to the country”, and are ignoring the role that other actors played in the crisis.
I say this because we’re not going to prevent future crises if we only focus on one aspect of it.
If you like this article please...
Leave A Comment :
Recent Market Opinions:
Stimulus Is Only Stimulating “Economic Misery”
The Problems With “Printing Your Way Out Of Debt”
Combining Bollinger Bands On Rates Of Change In The VIX
US Unemployment Rate Up Unexpectedly At 10.2%: Is The Economic Rebound A “Jobless Recovery”?
Is Another Bubble Building In Stocks, Commodities And Currencies?
Recent News:
South Korean Market Trades Firm - 6 mins ago
Thai Stocks Called To Open Higher - 28 mins ago
Japan Reserve Assets Increase In October - 30 mins ago
*Japan Official Reserve Assets At $1.06 Trillion In October - 51 mins ago
Japanese Stock Market Recovers After Opening Weak - 1 hr ago
Opinions From Our Contributors


