It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But the half-wit remains a half-wit, and the emperor remains an emperor.
I was reminded of the above quote with the internet furore over the forthright speech of a trader who was interviewed on BBC. He said of all things that the finaicial markets are only in it for the money and that we is looking forward to a recession. People are up in arms about it but don’t realise that he is in no way unique (except that he went on TV and said it). These are the people who profit from our success and failure.