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>you have governments who are determined to avoid a panic at all costs, but the process of panics & financial crises is what sweeps short-term-oriented people o
by paavokoya 10y ago
>you have governments who are determined to avoid a panic at all costs, but the process of panics & financial crises is what sweeps short-term-oriented people out of the market
Exactly, which turns these "short term bubbles and money-grabbing schemes" into long term institutionalized parasitic organizations which slowly erode the foundation for small business. A healthy forest sees many small forest fires to clean out the dead brush. Without these small fires, a major fire event can wipe out a forest.