Folks out there just cannot wait for the shit to hit the fan. I suppose that the closer one gets to feces the more repugnant the miasma. Some folks' noses, apparently, are better equipped to discern the stench. According to Professor Shiller, the economist who coined the term "irrational exuberance" long before you know who turned it into a parable, the American economy is heading into a recession of zenzizenzizenzic proportions. By all accounts, extravagant valuations in real estate precipitated this predicament. He speaks of the vaporization of trillions of dollars. I think that we are beginning to use the term "trillion" quite liberally now. Perhaps the time has arrived for us to get used to this cardinal arithmancy.
12/31/07
Ceneromancy
Posted by Yorgos Voyiatzis at 12/31/2007 05:11:00 AM
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