We want unsound investments and we want them now!
From the Onion : Recession-plagued Nation Demands New Bubble to Invest In. Some likely candidates for the 2008 bubble: undersea mining rights, postmodernism, illegal immigration futures, "widgets" or fairy dust. Anything really, as long as it can create massive, unsustainable debt while triggering a burst of good old recession-busting spending. One of the experts cited in the article, who works for a prominent bubble-based investment firm, reminds us that "the American economy cannot exist on sound investments alone." How very true.
|