17 February 2009 - the Panic of 2008
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Before you become too comfortable in your satisfaction
that you’re suffering for the mistakes of others, I have
a question. If the stupidity is restricted to only some
people, then why was the crisis a surprise?
clue:
Some people saw a housing bubble and knew it would burst.
But as far as I’ve found the only predictions of a crisis
on this scale are from people who hold up THE END IS NIGH
signs no matter the weather.
give me a clue so sweet and true
copyright 2009, 2024 Jay J.P. Scott
<jay@satirist.org>