Letter Day 100: Listful ponderings
September 16, 2008

Wow…so, the U.S. economy sort of broke. What happened? How fucked are we?
Daniel Rogers
Kapashaw, NY
Well, Dan, I’m not sure a unemployed aspiring writer, whose idea of financial planning is seeding his apartment with random pockets of change, is really the best source of economic insight. Still, it’s not like actual economist are any good at this either, so I’ll give it a shot.
Here’s the math
Bank + old rich guy (barren wife)/cheap thrills*not their money
No oversight+ too many episodes of flip this house*predatory lending
Equals: China hosting the next politburo meeting in the Statue of Liberty’s torch
I hope that cleared things up for you.


