Well, here we go. The markets are in freefall, the end of the free market economy is here at last. You know what? I’m glad. I’m glad that the experiment in trickle-down economics, the mad idea that if the rich were made richer, somehow we’d all benefit has been shown up as a blatant sham and a fraud. I’m glad that Thatcher, that mad old bitch, is still alive to see the epic failure of her life’s work. We’re going through massive changes, and who knows what’s going to come out of the other end? A better, more accountable economic system? The global apocalypse? Everybody running their own pocket banks, as we devolve back to a system of barter and trade that doesn’t depend on ghost money and phantom promises?
Whatever happens, we’re smarter and better connected at this point in history than we have ever been, and we’ll figure it out somehow. It’s a new day, and I’m treating the fear-mongering of the press with contempt. I’m a banker now. We all are. We have a chance to look beyond the tired old formats and systems, and come up with something genuinely 21st century.
While we consider what form that new financial model might take, let’s have a little music, shall we?