In these desperate times, everyone is looking for scapegoats. Scapegoats to be sacrificed on the altar of political convenience. The regulators, poor guys, are in the crosshairs of every typewriter assassin. So are the banks, the financial institutions, the brokers. Someone says Unit 64 is about to crash.
Someone writes that the banks are in deep shit.
Someone prognosticates the Sensex will soon fall below 2800. What they are all doing, often unknown to themselves, is creating a further crisis of confidence. They are talking down the market, destroying faith, scaring foreign investment away. After all, we are what we think we are. We must realise that the economy is like a bank.