ACCUMULATING PERIPHERALS


The living-room financial war by mattsteinglass
March 24, 2009, 1:38 pm
Filed under: Economics

One of the common analyses of public opinion during the Vietnam War is that Nixon’s ultimate withdrawal from Vietnam was determined by public exhaustion. It wasn’t so much that the public had changed its mind on the merits of the question of whether it was important to stop Communist expansion in SE Asia and so forth. They were just sick of it. They didn’t want to hear about it anymore. They weren’t interested in reading about it; they wanted it over.

This week I found myself unable to get up the energy to read the summary of the Geithner plan or even to read much commentary on it, and realized that I’m now in basically that same place with regard to the global financial crisis and bank nationalization and so on. I don’t have a position on it. I don’t want to read about it. I just want it to be over.

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