Friday, 30 January 2009
Financial Suicides
In The Spectator this week, I've been writing about the number of financial suicides. It is a fascinating subject, not least for the way it covered by the mainstream media. Every time a financier kills himself after losing a pile of money, it is reported as normal, explicable event. But of course it is not normal at all. Juts because you are suddenly poor doesn't mean life is no longer worth living. Nor does it fix anything, as Michael Lewis pointed out in a piece for Bloomberg. It just adds to the sum total of misery that a financial collapse creates.
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