Good quote from Alan Kohler 10 November taking about the western world generally:
Conspiracy of Fear
There is a conspiracy of fear formation between a media desperately seeking sales to save itself with, and politicians desperately seeking relevance. The financial establishment is happy to join in the conspiracy because market volatility produces profits. Nobody with any power actually wants stability and calm: as long as we’re frightened we’re likely to consume media, buy and sell assets without thinking, and not look too closely at what the politicians are actually up to.