Cheap capital and the corresponding large market valuations don't come out of thin air. The corollary is very loose monetary policies and the financialisation o

Cheap capital and the corresponding large market valuations don't come out of thin air. The corollary is very loose monetary policies and the financialisation of every aspect of the economy to drive capital to the market, in particular pensions. I'm quite sure that's a game most people here are unwilling to play. The article has a point on the overly complex legislation, and while everybody would like things to be more straightforward in that respect, it'll be hard to convince people that trying to advance incrementally while disrupting as little of the existing legislation possible is the wrong way of doing things. We don't want to move fast and break things. We already did and it was terrible. One point that isn't addressed, and that I feel is quite relevant, is the concentration of business networks in particular social circles and particular areas. You have to be in London, Paris and so on to do business. But you can't get there because it's so expensive. I hope the new attitude towards remote working, as well as the wider deployment of fibre (which is now readily available in my cheap rural backwater) helps things out.