Is it just me or has the world gone crazy?

by Manshu on December 18, 2008

in Opinion

A Saudi millionaire has offered to pay $10 million for the shoe – that was hurled at President Bush in Iraq.

Fed has more or less said that they are going to print as much money – as needed – to put the economy back on track.

Mr. Madoff conned some very rich people, and, a few charities in what appears to be one of the biggest Ponzi schemes ever – worth some 50 billion dollars!

Maybe I was not noticing, but, I really don’t recall when was the last time that we were barraged by such incessant bad or unusual news in such a short period of time.

Even more importantly, it seems to me that most of the news is focused on drivel and doesn’t even touch the main issues remotely.

The fact that a US president has become so unpopular – both at home and abroad – that people are aiming shoes at him, and, others paying millions for them – points to a deeper malaise – than just, one frustrated man.

The fact that the Fed plans to print money to come out of the recession, and not one expert has spoken about improving productivity to get out of the ditches shows the short term thinking – that is hallmark of the times. Can a country simply come out of its troubles by printing money?

How could one man run a 50 billion dollar business with nothing more than paper assets? Is there any regulation in the market at all?

Almost all that we see or hear today are just symptoms.

In a world of instant gratification – no one has the time to diagnose symptoms to know the disease.

Is it just me, or has the world gone crazy?

Oh, yeah, then there was the case of that Taiwanese member of parliament who snatched the wig off the head of a member of the ruling party – to bare a mostly bald head.

Is it still just me?

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