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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Cogito Ergo Sum who wrote (108776)	2/23/2010 5:47:54 PM
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"Of course not.. but they are undeniably (IMO) symptomatic of the problems." What people at the low end of the socioeconomic ladder do is correlated very strongly with observation of behavior by people at the top. One leads from the front. When deciding which is the horse and which is the cart, one might ask oneself whose example is being followed. Working people see standards of honesty, fairness and diligence being violated every day, by their managers and the country's elites. Worse, they are asked to support and reward such behavior with their tax dollars. Apologists for corrupt and incompetent leadership try to shift the blame onto the shoulders of victims. The outcome is predictable. There's been an economic injury and an injustice. Neither has been properly addressed. Jim

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