> having the media doomplay every crisis is part of the confounding or resorbing forces Capitalist economy is fundamentally predicated on confidence cycles, s

> having the media doomplay every crisis is part of the confounding or resorbing forces Capitalist economy is fundamentally predicated on confidence cycles, so anything hitting that confidence will inevitably speed up the coming of the next downturn. However, the downturn would eventually come anyway. > the 2008 they talked so much about was way smoother than the 1995-1998 crisis That really depended on where you were and a bunch of other factors. Entire neighbourhoods in the US were gutted by repossessions, in London we had meaningless riots, in the arts sector they saw budgets slashed, etc etc. > Ukraine is a ripple effect of the IMF stuffup. Undoubtedly. Also of the post-2001 US doctrine on the use of force in international relations. And a bunch of other things. Nothing ever happens just because somebody woke up that day feeling like starting a war.