Isn’t it rather interesting to see how the machinery of political and economical propaganda is trying to tell the people in Germany that things are not as bad as they seem. That they should invest even more in these gamble shacks in order to gain a chance for higher profits.
This is to be read (1) in a comment of Mr. Alexander Hagelueken placed in the SZ. But not enough he deplores that there are too few Germans having shares, whilst the WAZ resp. its online site is focusing on the ‘Islam’ and keeping this on its main page far longer than usual. ‘Only half a million’, he says and further more he talking about that there is logic behind what is happening.
So, if it is, that there is logic, why then panic, dear Mr. Hagelueken? Logic means that course and consequences of a process are foreseeable and allocatable and follow certain axioms. Certainly there is logic in chaos-theories but perhaps more by means of that this logic is beyond common logic – kind of ‘I know that I don’t know’. But Socrates was a wise man and if it is that this kind of logic is meant I fully agree.
But I have my doubts and put these comment as one of those intentions, to calm down the people in order to support those who are responsible for the crises happening. Too bad, that ‘the Germans’ did not forget what happened to them caused by the ‘New Stock Market’ beginning of this millennium. How much money was burned and whose ideas and hopes where taken away finally.
Certainly there are basic means for stock markets in a free economy and in fact it is not that the share values edge away themselves from reality as it is said by quoting Mr. Bernanke in this comment.
Share values can not edge away themselves from reality – it is for the gamblers who do so! And for quite some time the markets are not free anymore otherwise stock markets could not close down to protect themselves.
(1)
http://www.sueddeutsche.de/,tt2m7/finanzen/artikel/303/153907/