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Interview: Michael Lewis on the True Depth of the Crisis in Europe


dcollon
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Thanks for posting the link. My favourite quote from the article:

 

"Wall Street was where the dummies used to go, and now all the smart people want to go there; this is not a good sign."

 

Not the timeliest of ideas.  That was probably true until the 1950s or early 1960s.  At the absolute latest, once the go-go era started in the 1960s the "smart" people decided they would like to make money too instead of being just "mad to live, mad to talk, mad to be saved". 

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