To: Electronic Telegraph <et.letters@telegraph.co.uk>
Re: Money makes the world go round and - if we are not careful - down!
Date: Wed, 05 Apr 2000


Dear Sir,

I am probably being terribly naive, but I ask myself why we have to live with the threat and insanity of what occurs on the world's stock markets? (Internet shares in day of turmoil, 5 April 2000).

One can hardly exaggerate the importance of money and how it is invested. Everybody knows that it makes the world go round. It also determines where the world is going and how it is getting there.

The two most basic motives driving activity on the stock markets are "greed" for money and "fear" of losing it.

You do not need to be a whiz kid or a prophet to realise that this cannot lead to anything good, but on the contrary, must sooner or later lead to catastrophe.

Before it does, perhaps we should think about changing it.