By David Joel Miller.
Have you noticed that Wall Street has gone crazy? Not the prices or the up and down of the market, more the way they are talking. I used to think all the “loony tunes” were in Washington. Have they moved to Wall Street?
Have you noticed they keep stealing our words – depression, schizophrenia even bipolar have turned into market terms.
I noticed it the other day. I was looking for articles on Major Depressive Disorder. Every article I came up with was about the economy. Suddenly depression is about a slow economy and not about a mental illness. Who do they think they are fooling?
With the exception of the “Great Depression” of 1929 past economic slowdowns were not called depressions. Even that one got the term because of the widespread sadness in the country as a result of the economic slowdown.
I even got a nasty comment on my blog, which I did not approve thank you very much, from a broker who was upset that we called sadness – depression. He did not like the idea that people could be sad. Investments – yes. People – no.
I read about the “occupy movement.” I can understand why they might want to occupy some places. Anyone for occupying Hawaii? But really guys – why occupy Wall Street? Would you occupy a VD clinic? Aren’t you afraid of catching something while on Wall Street? Something for which there is no treatment?
Let me remind those financial types that business slowdowns used to be called “Commercial Revulsions.” Look it up on Wikipedia if you doubt me. The idea was that purchasers became repulsed by the goods offered for sale. If you have looked at some of the cheap, tacky stuff in your local “Walleye World Store” or the “Cheaper Than a Buck Place” you would know what I mean. Some of that stuff makes me sick. In fact, I got so “commercially revulsed” that I wanted to vomit.
After “Commercial Revulsion” some smart ad man went to calling these downturns “Panics” they had a whole bunch of “Panics” up until our financial leaders decided that having a biannual “Panic” might not be good for consumer confidence.
We called them recessions off and on but that designation got to be so watered down we were having annual rescissions every time some retailer did not make a profit projection. So this time around they decided to borrow some mental health terms to explain why so many people are out of work and sad. In therapy we call these problems “Adjustment Disorders,” so far Wall Street hasn’t stolen that name. They are not used to adjusting to anything that is not their way but give them time.
We also used to have lots of bubbles. Remember the South Sea Bubble? (See Wikipedia again.) I remember sales on Arizona swampland and Florida homesites that were under water. Wait a minute did that just happen again? Is this a rerun? This time underwater means they owe more than the stuff is worth. Last time it meant there was sea water on your home site. Another way to fleece a –
They have also taken to calling some CEO’s and CFO’s schizophrenic because they can’t seem to make up their minds. There is more to schizophrenia than indecisiveness. There are auditory hallucinations and there are things we call negative symptoms. Come to think of it some of those Wall Street types must have been hearing voices all through the housing boom. And now they have started making me real negative. Still not sure they should get the diagnosis of schizophrenia though.
And when did bipolar get to mean moody? I wrote a post about that but still, some stock guy wants us to think that today’s up and down market price is a sign of bipolar.
Next week I expect to read about a stock with “Dissociative Identity Disorder” or a CEO who has an “attachment disorder.”
Could you Wall Street types leave our vocabulary alone?
Could it get any worse? I just e-searched for more depression articles. Our depression word has been hijacked by a group of meteorologists. There was a whole page of articles on “Tropical Depressions.” What is so sad about going to the tropics it would make a meteorologist depressed?
Until next time, safeguard your illness from theft and have the happiest life you can.
Staying connected with David Joel Miller
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