Crisis? What crisis?
And German journalists are pretty cool about the situation, too. They’re even downright chilled, if you ask me, as if they were all on valium (or whatever the drug for that is these days). Check this out:
“At some point the financial crisis will be overcome. And there will still be a Wall Street, but its character will have changed. The investment boom has been just like any capitalistic excess: What’s useful will remain. As the robber barons of the 19th century carried out their railway wars, money was stripped from countless investors, but in the end the United States got an efficient railroad network. In the current crisis, assets totalling billions have been destroyed, but important innovations will remain — including the new technologies for securitizing loans and financial derivatives — innovations that can have a positive impact when they are applied in a properly regulated market.”
I like reading stuff like this. It reminds me of Clint Eastwood or something, especially when reading about that 19th century railway war part. You know, like when he blows up the railroad trestle together with Shirley MacLaine (rhymes with McCain, ever think of that?) a half an hour after getting a burning arrow hammered out of his freakin’ shoulder and still drunk on two bottles of whiskey. And that whiskey part is an important metaphor or something too, I think. The parallel between being drunk on two bottles of whiskey and our current financial market situation must be pretty obvious to even the most optimistic of y’all out there.
Anyway, we’re all drunk on two bottles of whiskey right now. Or maybe the Germans are. One of us is bound to sober up pretty soon though and figure out what the hell is really going on. Or down, I should say.
Wo bleiben meine Medikamente?
Kommentare auf Deutsch? Logisch.








