For reasons not really worth getting into, I hit the Internet to read up a bit on the US public debt. After a while I started feeling as if I were listening to the intro of some postapocalyptic cyberpunk video game. And it's actually not the first time I had that feeling - I got a very similar, surreal vibe when I read last year that Iceland went bankrupt. I guess I'm gonna have to start getting used to it.
It's absolutely terrifying and thrilling at the same time. How often do you witness the collapse of a true empire? It's like we're Byzantium watching Rome fall, except, you know, not at all.
It's absolutely terrifying and thrilling at the same time. How often do you witness the collapse of a true empire? It's like we're Byzantium watching Rome fall, except, you know, not at all.
1 comment:
My forays into the abyss of American finance have led me to two great episodes of This American Life. Polecam:
The Giant Pool of Money
Bad Bank
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