Thoughts on the BBC Investment Trader
By now, many of you have seen yesterday’s BBC interview with investment trader Alessio Rastani. While many who watched were shocked by what Rastani had to say, within minutes Twitter was flooded with users speculating that the entire interview was a hoax. While the group he’s allegedly a member of, the Yes Men, have denied any connection to Rastani, his statements opened a new discussion about the motivations of investment traders today.
While it would be unfair to say that every trader goes to bed at night, dreaming of a recession, it is absolutely true that there are traders out there who do.
I know they exist, because I know their names.
What struck me is that we have basically signed over the keys to the economy to people who have vested interests that are in conflict with our needs, of needs the economy as a whole — never mind the world and the environment.