Want to read a not-too-long history of the financial crisis that even you can understand?

Try this piece by Nobel Prize-winning economist Joseph Stiglitz.

Nope.

Check out Japan’s Nikkei index over the past 20+ years.

Tht sux.

It peaked at 38,915.87 on December 29, 1989.  After Japan’s economy took its legendary nosedive, the Nikkei has strugged to get back to 20,000.  It’s now at a 26 year low!

So shall we “privatize” Social Security and put our faith in “the market?”  After all, this isn’t Japan.  As Frank Zappa said, it can’t happen here!

Right?

Right?