Crackerjack
Too sick for a cure
That would be what one gets when one attempts to use the government to iron out normal corrections.And he seems to think that normal corrections of the market means it is broken, and government must step in to try to change that. Which, of course, is bullshit.He doesn't say anything like that in the video, and you must either be incredibly dumb or an incredibly brazen liar to say that. What he's saying doesn't work is market fundamentalist dogma that says whatever the market does is good, and whatever the market doesn't do shouldn't happen. People do not exist to serve the market. It exists to serve us, and where it fails to do so, we have to balance it with public sector mechanisms.
So, a primary asset collapse of 50% and a stock market fall of nearly 50% is a "normal correction"?
Is that right?
Can I interest you in some fine dutch tulips?
Read and learn: A Global Market Correction Authored By Governments - Forbes