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Jacques Necker

Markets and the Hammer of Public Opinion

Sina Odugbemi's picture

Photo Credit: Flickr user rednuhtPublic opinion is a critical force in politics, including all aspects of governance. To provoke hostile or negative public opinion is to invite a gigantic hammer or a wrecking ball. And I am saying that not because I want to be dramatic but to capture some of the scale of what is happening in the current global financial crisis. For, financial markets are also affected by the power of public opinion.