Thursday, December 04, 2008

What Do Financial Markets Tell Us about Ourselves?

Financial markets are like the mirror of mankind, revealing every hour of every working day the way we value ourselves and the resources of the world around us.

It is not the fault of the mirror if it reflects our blemishes as clearly as our beauty.
(Niall Ferguson, The Ascent of Money)

What do you think the financial crisis is telling us?