You guys with your name calling crack me up sometimes. I really think that you just like the idea of yanking a very easily pullable chain from your counterpart, right or left.
Blanket statements like the ops are ridiculous from the outset. Talk show host nonsense, yes from both sides, to keep the otherwise un-employable loudmouths in their mansions. Shock jock, grade school level finger pointing.
For a better analysis of fundamental breakdowns that we've seen over the decades, try something like this:
Human Behaviors Encountered During the Different Phases of the Kondratieff Cycle
Introduction
Borrowing images from biology to fit the marketplace is not new. Companies and organizations resemble living organisms. They are born; mature; get married; have daughters; become aggressive, sleepy, or exhausted; grow old; and eventually die or become prey to a voracious predator. As early as the turn of the century, enlightened economists and broad-minded physicists applied scientific notions such as periodic harmonic motion and Darwinâs survival of the fittest to human products. In 1918 Lotka successfully predicted the size of the American railway network, via mathematical formulations from biology.[1] At about the same time (1926), the Russian economist Nikolai D. Kondratieff was establishing evidence for a long economic wave with a period of 50 to 60 years. This claim scored high points in popularity when the stock market crashed in 1987 and continued to score high with the persisting depressionlike economy that, as had happened 58 years earlier, followed the 1987 crash.
Full article:
http://www.growth-dynamics.com/articles/Theodore Modis_Revised.htm
This may or may not float your boat, but at least it helps define the generational impact of human behavior on the markets. The latest generation has over leveraged and feels entitled to everything. I'm not say that in a blanket statement, but when the overwheliming percentage of a whole generation feel entitled, it hurts everyone.
GM and Ford making crappier cars is a problem. Trade imbalance is a problem. Getting our Government to intevene, socialist style, is a problem, banks loaning money to those who don't qualify is a problem, and yes, unions holding onto too big a piece of the pie is a problem, CEO excessive pay and golden parachutes are problems, over-leverage from hedge funds are problems, un-regulated derivative trading is a problem, I could go on.
So, we have plenty of problems. Finger pointing and name calling to ideological adversaries IS NOT FINDING A SOLUTON.
c