(no subject)

[randomness]

Societies do not function without trust.

What is happening now in the markets is what happens when trust--between banks, between companies, between people--disappears.

Nearly fourteen months ago, I posted about fear and suspicion being bad for markets. What I said is just as true now as it was then.

But when trust is gone, how do you get it back?

Comments

[dpolicar]

Well, you don't, but that's not the situation... it's not an all-or-nothing thing.
When there's only a little trust, you are restricted to small operations.
Which feels like nothing by comparison, but how you handle them can build more trust.
Or lose more.