September 30, 2008

• The Financial Ka Boom De Adda

  All right, I have a confession to make: I don’t understand economics at all.

  It’s
  one of those gaping holes in my understanding, like the intricacies of
  sports or which kind of car is which.* I just don’t quite grasp it. My
  mental image of the current crisis is a black hole suddenly blooming
  under Scrooge McDuck’s money bin, with all the cash in it inexorably
  draining away.** If you press me I can understand some of the big
  details (“We’re fucked”), but to me, some of the finer points of the
  analysis sound like so much glossolalia. (“Blah blah blah blah blah
  we’re fucked.”)

  **”Gee, Mr. McD, when I let Gyro build a Large Hadron Collider under your bin I never dreamed this would happen!”

  • 12:42 am
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