Wow....PT worked diligently and brilliantly on this article.
Reminds me of an old Cajun story, which I have altered a bit to fit present circumstances. I've unfortunately drained it of its original humor for the sake of the larger point.
Thibodeaux and Fontenot started selling and buying a dog to each other, with each transaction at a $10 higher price. Both are very happy, getting prosperous, buying homes, cars, taking on loads of debt, but like the US real estate market, it's alright because the mutt is always rising in 'value.'
One day, Fontenot gets drunk at a fais-do-do and accidentally runs over the dog in his pick 'em up truck, kills him.
Oh, oh, time to see the bankruptcy judge.
Thibodeaux is mad as hell at Fontenot: "Damn you, Fontenot, why did you kill dat dog? We was making such a real good living on it."
MFG and the Euro banks are no better than Fontenot and Thibodeaux, who at least didn't lose track of or steal the money.
I think it might be as simple as Fontenot and Thibodeaux's dead dog. |