Saturday 7 March 2009

The Black Hole

The little drama of ‘The Black Hole’ is an office employee discovers a magic hole that lets him reach into any hidden or locked places. He is greedy and uses it to get into a safe. As he reaches deeper and deeper, he falls thorough the hole into the safe, which he now cannot escape. This is a good analogy for the Derivatives Beast. This dark, occult creature was created so humans could be greedy and reach into locked places and steal wealth. Now, they fell into the hole and are trapped and no matter how much wealth we pour into the safe to save these crooks, they can’t escape and the money flowing in makes things worse. The news today about all this is important: we are trapped for sure. Thanks to AIG’s counterparty business with a bunch of gnomes and pirates.

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