European Tribune - Comments - Markets have completely failed

Markets have completely failed - a simple lesson | 94 comments (94 topical, 0 editorial, 0 hidden)

Re: Markets have completely failed (none / 1)

We sure are witnessing a historic development they'll still be talking about in 50 years time.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Fri Sep 19th, 2008 at 09:04:05 AM EST
[ Parent ]

Re: Markets have completely failed (4.00 / 4)

Yeah, like the crash of 1929. We're still talking about it 80 years later.

But 50 years after the crash, Reagan and Thatcher got into power and unleashed Friedmanomics on the unsuspecting masses.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Fri Sep 19th, 2008 at 09:10:48 AM EST
[ Parent ]

Markets have completely failed - a simple lesson | 94 comments (94 topical, 0 editorial, 0 hidden)

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