Charles Hugh Smith at his blog, Of Two Minds
Not so fast. Betrayal of trust is a most serious offense; once our trust has been violated, most of us can never ever trust that person/institution again; and the rehabilitation process, if rehabilitation is even possible, takes many years, or even decades.
Hey, forgive and forget. Let’s move on, people, and start trusting the very banks and institutions which created, aided and abetted a debt and credit bubble of astounding, unprecedented size and reach.
Have you ever been betrayed? Were you ready to trust the person who betrayed you a week later? The world can no longer trust the U.S. financial sector, and with good reason–and neither can U.S. citizens.
