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.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: