It’s Irrational Exuberance, Stupid!

With due respect to James Carville, but ever since he coined the winning campaign slogan, ‘It’s the Economy, Stupid’ when he was the campaign manager in charge of Bill Clinton’s 1992 US presidential bid, several commentators have rephrased it to emphasize  different themes and view points. Borrowing a leaf from Mr. Carville it has become necessary to re-coin his catch phrase with some assist ...

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