I TOLD YOU SO.
Ever since I started Little Nicky Machiavelli in 2005 I have been telling you regularly there is only one end to a bubble.
And now, somewhat later than I predicted the third bubble of the Blatcherite era has burst.
So now will all those people who were keen to tell me that unbridled capitalism is the only way to organise society and to parrot the mantra “Mrs Thatcher did a lot of good for this country,” like to eat their words? With a big slice of humble pie to follow.
Market economics is just another way of saying ” selfish, blinkered short-termism. Just remember where yoiu read that as your investments evaporate, the value of your house plummets, your job goes east and inflation eats your savings.
And next time you vote VOTE GREEN. Then I will not have to say “I told you so again”.