It is nonsense, but it does happen, and its enabled through the decoupling action of business decisions provided for by debt financing.

Reality is reality, and in the end you are right, but by that time it won't matter; the damage will have already been done. This is the nature of cascading failures, and delusion, and there are far more delusional people today in positions of power than ever before.

Edit: On a separate thing. As an FYI in case you didn't know, but it looks like your blog is now directing to a bad link on google, or they were hosting it and took your blog down.