Monday, October 27, 2008

Confidence

Of course, one of the biggest issues of the moment is confidence; confidence in the markets, in the economy, in the government, in the value of the dollar, in the banks, in anything. And, of course, confidence is vital and needs to be preserved.
But, I have to wonder, with so many people out there willing to play on other people's willingness to believe, when there are so many people who are willing to lie for their own gain, how can anyone wonder that confidence is so low.
Perhaps one of the reasons why so little confidence has returned, despite such unprecedented sums of money being thrown around, is because so many of the market players are all too well aware of the lengths they themselves are willing to go to, well, lie for profit and gain.
And, it may be, they are projecting that same willingness on to those around them, fairly or unfairly, and concluding that confidence should be in short supply.

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