Menu Close

Why you shouldn’t fear the market’s next "Lehman Moment"

Avoiding disasters hasn’t worked. At least, not avoiding debt disasters. No matter what tricks the authorities do – monetary, fiscal, or unconventional – the debt is still there. And since all those tricks cost money…it gets bigger and bigger.

So how about this: Give disaster a chance to show its stuff. Let calamity have a go at the problem. Let’s all put our hands together and welcome catastrophe.

It’s coming, whether we like it or not.

So why not like it? Look, who really cares if a few big banks go broke? Who cares if Greece, Portugal and Spain – if it comes to that – are forced out of the EU? Who cares if the bankers don’t get their bonuses…or the speculators don’t get their pay-offs…or pompous officials don’t get to claim they ‘saved the world economy’?

Not us.

Read more: Why You Shouldn’t Fear the Markets’ Next “Lehman Moment”

Join the conversation and have a little fun at If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow by Email