Don't look too hard at this or think too hard about it, because it's a tongue-in-cheek piece that the author admits is "irrational exuberance," but...
Jonathan Golob has an interesting take on the economic downturn and why it's all going to be OK.
Like I say, don't look too closely at it, just enjoy it as a bit of spoofery, but...
Is it wrong that I get a big grin at the idea of all those upper-class mofos who have been squeezing the middle class downward since the Reagan era losing all their money and winding up fucked in the new global economy they helped to create and hoped to dominate?
I mean, yeah, in reality the end result will be government money flowing to them, the middle class probably being squeezed even more so that the rich can get their money, but... it's nice to think of the possibility of these guys being hoisted by their own petard.
If nothing else, think of how many rich, entitled assholes have had a couple of really, really, really bad days.
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