Parallel universe

Some people are still living in the parallel universe of Big Finance. This comment piece by Anatole Kaletsky has to be read in its entirety for full effect, but I will whet your appetite with one choice passage:

If, on the other hand, public opinion rejects this message and forces American and British politicians to drive their banks into insolvency and full-scale nationalisation, then this week will mark the end of 200 years of market-based capitalism throughout the world.