The story-line behind the convulsions shaking the money centers of the world is such a hopeless labyrinth of mathematical metaphysics because abstraction unto infinity is the last refuge of those seeking to evade reality. This is why individual human beings faced with terrible choices go crazy, and it is true of societies and nations, too. Reality is so boringly concrete. The facts just sit there implacably like dull cement bollards in a...
With the kind of aplomb characteristic of a waiter lifting the silver serving dome to expose a roasted goose, Europe has looked deep into its organs of finance and produced 100 billion E-bucks for the ailing banks of sad-sack nephew Spain. Where did all that money come from? Out of Europe's ass. That is where all new money comes from these days: an international diarrhea of money. Maybe that is why the great...
Now we get to the really fun part of the global unwind where even money flowing into supposedly safe havens turns, presto change-o, into an evaporation of wealth, and all of the lawyer-lobbyists who ever double-parked on K Street in the sorry history of this frantic era will not avail to contain the demons of their own design. The world is waiting to re-learn an old lesson: that untruth and reality exist...
Way up here in the heartland, far from the craft beer parlors, Facebook stock bucket shops, and gender obsessions of the mythical Urban Edge People, the detritus of your country is up for sale. The lawns are strewn with the plastic effluvia of lives lived through humankind's weirdest moment: Pee Wee Herman action figures, creeping tot tables, failed kitchen appliances that created more labor than they were designed to save, extruded plastic this-and-that,...
So many shoes are dropping out there that reality is starting to look and sound like the tap-line in a Busby Berkeley production number. The meme-scape, too, is humming with viral transmissions of dire doings. Is JP Morgan unwinding like a 1911 knitted woolen Yale varsity sweater? Did it booby-trap the credit default swap universe in the process, and is that getting ready to blow? The whole world is hanging by its fingernails,...
