Hmmm, financial journalists constructing complete fantasies that people buy into. Hmm, now where have I seen that before....
Hmmm, people buying into it because:
a) they don't know any better
b) their livelihoods are at stake
c) it is better to go along to get along
d) there is some kind of mutual support system for mutual delusions built into society
e) their careers/livelihoods etc are likely to improve by buying into it
f) someone has pressed the 'right' buttons
And people STILL wonder why identifying and standing up to this kind of behaviour important!
For a current example, see: http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533