When the stock market indices are
UP,
you never hear a squeak out of the players.
When interest rates are
LOW and the banks and others are ecstatically printing trillions of $/£/€ in new money, created literally "out of thin air" (and by virtue of a government license), then lending all this new money out to businesses (many whose sole aims are to send your jobs away to a cheaper 3rd world location and then still expect you to be able to afford to buy these wares on your new wages working at MacDonalds), and individuals buying homes,
you never a squeak out of the players.
So why, just as soon as things go
awry, do we suddenly hear
THE CLAMOUR from these same players for official intervention? And why are governments so quick to oblige (as everyone must have witnessed recently - government bailouts of businesses, home mortgage rescues and lower interest rates etc.)?
When did you last (or ever) hear the CEO of any bank or other company shouting out loud in good times:
"We're making so much money, we dare not return it all to shareholders, please let us pay more taxes..."?!
Are our governments so totally
in collusion with private enterprise? To the extent that they willingly conspire to allow greatly inflated asset prices (read abnormal house price rises) in exchange for economic growth that cannot be had from more traditional means (eg. manufacturing and services) within their economies anymore?
Or am I missing something...?!
