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The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices.
Gary Weiss
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"The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices."
— Gary Weiss #moneywealth

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The problem with the focus on speculators, as was demonstrated during the financial crisis, is…

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The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices. — Gary Weiss

About Gary Weiss

Gary Weiss was a Journalist from United States (1955–present).

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Frequently Asked Questions

Who said "The problem with the focus on speculators, as was demonstrated during the finan…"?
This quote is attributed to Gary Weiss, a Journalist from United States.
When did Gary Weiss live?
Gary Weiss lived from 1955 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.