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Thursday, October 16, 2008

- global financial crisis

The recent global financial crisis has taught us a lesson that human nature is very predictable. Whenever there is mega fortune to be made, there will be financial wizards and there will be undiscerning victims. We believe in people who come with high sounding jargons backed by creditable institutions/establishments. The people whom we believed with awe and respect can one day take us to a place of despair and wreckage.

The dust will no doubt settle over time. There will be another big leap forward in financial engineering. There will also be another financial tsunami with perhaps more serious consequences. This time around there will be different players in the world of high finance. And these will be the same people who are condemning the wrongdoers vociferously now.

1 comment:

  1. Couldn't agree less with you; hope your writing will help innocent people to realize "all that glitters are not always gold" ... happy blogging!

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