Fiscal Cliffs and Cocoa Puffs
In the old days, economic crises were organic events that reflected popular greed, economic instability and tangible fear. Speculative bubbles burst, bank depositors panicked and stock markets (and stockbrokers) plunged. No more. We have grown too sophisticated for all that.
Our economy has reached a degree of complexity that its crises must be planned, packaged and marketed just like Cocoa Puffs.Read More »