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In memory of the ineffable

William McGonagall


Bubbles big from bubbles bitty
Pumped up by Bank liquidity
Until pump fails or switches off
And all that's left is debt, and froth.


"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Fri Sep 5th, 2008 at 09:46:05 AM EST
[ Parent ]
Note that one has to pronounce the e in pumped in order for the second line to scan...

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Sep 5th, 2008 at 09:49:29 AM EST
[ Parent ]

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