Capitalism's Latest Crisis
The latest crisis, once the dust has settled on stock and bond markets, can be seen as the drone-masters' inability to trust themselves. We have constructed such a sophisticated system of financial instruments that the 'money' economy has increasingly become detached from the real economy. While the earlier generations used their intellect to understand and explain the real world, we somewhat believed that we have achieved a complete understanding and now can play with constructing the reality. What we ended up doing is constructing a reality that bears no semblance with the real world. The latest crisis seems like someone somewhere just called the bluff (Michael Lewis' wonderful 'The Big Short' portrays some of those oddballs and sociopaths who did just that) and suddenly the masters of universe can see that they were all living in an wonderland. It seems that the Truman show time is over.