Do I laugh, or cry?

Today I read a headline on Yahoo's general news website suggesting that Donald Trump would cause a world-wide depression.  I still do not know whether to react to such drivel with laughter, or cry at the lack of thought and intelligent journalism that went into that particular headline.

The reality is that every recession and depression have been fuelled by greed, stupidity and easy access to credit.  In an environment with all three all it takes is a few job losses and then everything falls like a house of cards.  Perhaps house of cards, rather than safe as houses should be the catch cry of the masses.

Love, or loathe, Warren Buffett, one of my favourite quotes of all time remains:

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

I am fearful at the moment while so many are hyped up.


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