Deja vu of 2007, they can't see it coming: There are houses to be sold, cars to be sold, junk IPOs to be sold. Even in the face of rank stupidity, you have to keep dancing until the music stops.
Time Magazine: July 2007:
Citgroup's CEO Wants To Ignore Subprime. Can You Blame Him?
"You have to dance while the music is playing" - Citigroup CEO, 2007
Like Japan for the past several decades, the entire world is now pretending that the abnormal is the new normal: