[quote=harvey][quote=CA renter]The world’s current economic crisis (and it’s a hell of a crisis) was caused by your precious “market.” [/quote]
Yes, “a hell of a crisis” … oh dear, someone may have to move out of their 3500sq ft. McMansion and live in a 1000sq foot apartment! They’ll lose their granite countertops and stainless steel appliances! The horror!
So give us some historical perspective: How many people have died as a result of this “hell of a crisis?” I’m trying to see where it fits in the history books…
You left out a few of the things that markets have brought us:
You are looking at one of them, you live in one of them, you will soon be typing bitter and historically ignorant rants on one of them, you eat a lot of them, they are swimming in your blood and protecting you from the diseases that caused most of the deaths in history. You’ll go places in many of them, you’ll talk to distant friends with them, you’ll stare at many of them for hours and laugh and cry and be entertained, you’ll sleep in one of them, you’ll dress in many of them. You might even learn something from them (keep trying!)
And you often shit in one of them (and despite the fact that you are likely part of the elite caste of government employees, it still stinks like everybody else’s does.)
Oh, what those awful markets have wrought!
How come you didn’t answer the question:
Housing bubble or Great Leap Forward?[/quote]
Pri,
The “crisis” isn’t just about the FBs losing their McMansions and granite countertops. In case you’ve missed it, there is a huge debt overhang that is threatening most of the developed countries in this world. We’ve already seen lots of riots where many people have been badly injured and killed. This is the result of your “markets,” and it’s only going to get worse as time wears on.
