The global financial crisis in one (slightly lengthy) sentence

2 Apr

“…the Europeans while they are pathetic and bankrupt they have not achieved the scale of otherworldliness which is The Great & Terrible Japanese Zombie where probably a decade ago the hard-working island people passed from broke bankrupt castoffs to an immortality of strange insolvent phantasms as the aftermath of a gargantuan real estate crash circa 1990 was met not with punishing bankruptcy and brutal failure and tears of blood in the streets but with zero interest rates and un-failed banks and twenty years of the-best-coked-up Keynesian stimulus money can buy…”

Full sentence by HousingStory here.

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