Tuesday, October 21, 2003

Lowered to Elevated?

Only in America, "lowered to elevated", sounds like that Aerosmith song, Love in an Elevator...a great example of the Nobel Prize Winning Mises-Hayek Austrian Business Cycles Theory..."livin' it up when I'm going down...lovin' it up 'til I hit the ground...Do you care?...Honey one more time now it ain't fair"...right out of the Greenspan playbook...let the good times roll, forget about financial repercussions just like the denial of any blowback from more than a century of foreign adventure and fully-funded global affairs.

"Jackie's in lingerie on the second floor," the money goods are tempting. "She said can I see you later and love you just a little more." The money flows, supply increases. She makes you believe you can just run the money spigot without any concern. "You kinda hope you get stuck." Keep the good times going. "But, nobody gets out alive." The cycle must run its course. The series of malinvestments will lead to a downturn and a period of evening out. Oh the lie she had the impudence to utter: "I'll show you how to fax in the mailroom honey and have you home by five."

Links to this post:

Create a Link

<< Home