Tuesday 27 September 2011

What Governments say, and what Traders say

The video below is well worth watching, if only to highlight what kind of reality traders -and the rest of the financial sector - inhabit. Forget "education, education, education." What we now need more of is "regulation, regulation, regulation."

You have to admire his candour/arrogance, but I'm pretty appalled, and slightly terrified, that these people clearly have such a sway over our economy. Every government in the world should be forced to watch this clip; so that they can probably shrug their shoulders, tell us how much the private sector contributes to the economy, and then do nothing.

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