
For sale: the USA(credit or credibility)
19 november 2007, 09:00
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US Markets Redactie
| leestijd: 1 minuut
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moeilijkheid: 7 / 12
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To my opinion it’s the credibility. First Enron and now Wallstreet. That is not a coincidence. It is orchestred by arrogant people. How can one believe that distribution of risk will diminish risk without any orchestration? It is a criminal act to put risks like this one at the lower side of the society. Every salesman knows that making profits equalize the degree of innocency. Watching tv or the radio every hour one can hear the mantra of money maniacs which sounds as the imam’s song for a prayer ’ ‘the’ free market will solve your problems’. One can better call the present state of the economy as a borderline-economy. It is not irrational, it is driven by recursive working neurons: while the profit is below that border stop that activity and activate that other one and stop if there is a iceberg.