Even though it is contrary to conventional wisdom, I would argue that we need war crimes trials against those who authorized America's torture program to restore our trust in our government and its leaders. We need real investigations and full disclosures about the WMD propaganda, spying and 9/11.
Everyone knows about these things anyway, but the lies and cover-ups have eaten away at our trust in a profound way.
As counterintuitive as this may sound, the festering distrust which is killing our economy will not ease until the truth about these abuses by our government are aired.
Rather than dragging the markets down with pessimism, airing the truth will restore our trust in our government, our leaders and our systems, and allow us to start to rebuild our economy and our financial system.
"We were wrong" are the three magic words which can start to end the cancer of distrust and begin to revive our economy.If you are an economist, psychologist, sociologist or historian with expertise in market psychology, I would appreciate your input.
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