The Asset Magazine

Region counts its blessings

The Asset October 2008 by Daniel Yu

“No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of the free choice and decisions of thousands of individuals. The latter were not led to the slaughter. They were impelled to it by the seminal lunacy which has always seized people who are seized in turn with the notion that they can become very rich. There were many Wall Streeters who helped to foster this insanity… There were none who caused it” - John Kenneth Galbraith, 1954 ...

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