Lehman Brothers

Lehman Brothers: In todays economy we never quite seem to turn the corner towards rising growth, falling poverty, stabilised public finances. Not so much winter without Christmas, but winter without ever getting to the shortest day. And that is doing something to our psychology. It is destroying our confidence in agency the human ability to avoid danger, mitigate risk, regain control over fluid situations, according to The Guardian. And it is logical to feel powerless if you witness the best educated and briefed people of your generation flounder as politicians and diplomats have in the face of a collapse of global order. But for economists veterans of Lehman Brothers, Enron and the dotcom boom and bust before them there is a feeling of deja vu. We know what its like to get all your preconceptions blown out of the water, and see talented people flounder and Six years into the economic crisis we can still get days as with last weeks market correction where the froth blows off the recovery and reveals only something flat and stale beneath. The fundamental economic problems have not been solved: they ve just been palliated. You see it clearest of all in peoples attitudes to war and disaster. Earlier this year the editor of the BBCs Today programme admitted they were having trouble retaining listeners in the face of relentless bad news : Syria, Isis, Libya, Gaza. It was not the scale of the horror that turned them off: it was their own powerlessness in the face of it. (news.financializer.com). As reported in the news.