“Bankers provide necessary and useful services. But the runaway juggernaut we have inflicted upon ourselves today has gone far beyond oiling economic activity. It has metastised into something which behaves like a parasite, destroying substance and justifying it by creating an apparently larger, but a lot more fleeting, prosperity increasingly based on our collective belief that it is actually doing so and not on underlying value added. When that illusions shatters, the reckoning will be painful.”
Good stuf from Jerome Guillet (Thanks to Dave Pollard for the pointer)