Categories Burlington Iowa News Political West Burlington Stockman: ‘There Are No Markets, Just a Raging Casino’ Post author By Falcon Post date April 29, 2015 Mania in financial markets has raged so far out of control as to place them outside the realm of rationality, says former White House budget director David Stockman. “There are no markets left in any meaningful sense of the word, just a raging casino infected with the madness of the crowds and the central bank pied pipers who mesmerize them.” “Why everything has gone virtually straight south because the most fantastic credit bubble in recorded history is beginning to burst.” ← Negative interest rates put world on course for biggest mass default in history → 25% of renters use half their income for housing costs