Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
February 28, 2021
GameStop to Tesla: Investor Jeremy Grantham on 'Crazy' Markets | Charts That Count
The founder of GMO, known for calling several of the biggest market turns of recent decades, talks to the FT's US finance editor Robert Armstrong about his fears for a stock market crash in 2021.