Comments on: Derivatives Beast Has Eaten All The Fake Wealth Of These Gnomes, Apparently http://www.badidea.co.uk/2008/10/derivatives-beast-has-eaten-all-the-fake-wealth-of-these-gnomes-apparently/ Bad Idea is an invaluable source of information and quality journalism about cultural and economic innovation in Britain and beyond. Thu, 09 Feb 2012 01:28:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://www.badidea.co.uk/2008/10/derivatives-beast-has-eaten-all-the-fake-wealth-of-these-gnomes-apparently/comment-page-1/#comment-342 John Thu, 27 Nov 2008 16:20:03 +0000 http://www.badidea.co.uk/?p=1648#comment-342 She might be fanciful, metaphorical and mythological, but she also happens to be far more accurate than anyone else in unravelling this mess. Couching things in terms of wicked, ugly little banking gnomes feeding, and then unwittingly unleashing, a $500 trillion Dervitives Beast on the world, as they frantically pursue the extreme wealth needed for them to have sex with goddesses? (Think trophy wives and $10K call girls.) Yeah, that's pretty colorful, but it also happens to be a damn good way of describing what's happening. She might be fanciful, metaphorical and mythological, but she also happens to be far more accurate than anyone else in unravelling this mess. Couching things in terms of wicked, ugly little banking gnomes feeding, and then unwittingly unleashing, a $500 trillion Dervitives Beast on the world, as they frantically pursue the extreme wealth needed for them to have sex with goddesses? (Think trophy wives and $10K call girls.) Yeah, that’s pretty colorful, but it also happens to be a damn good way of describing what’s happening.

]]> By: Duski http://www.badidea.co.uk/2008/10/derivatives-beast-has-eaten-all-the-fake-wealth-of-these-gnomes-apparently/comment-page-1/#comment-337 Duski Thu, 27 Nov 2008 00:35:18 +0000 http://www.badidea.co.uk/?p=1648#comment-337 But behind all that, her analysis is so far the one that is in my opinion best description of reality so far. No nation can take unlimited debt infinitely and think there is no day of paying back... No wonder consumers are not consuming anything anymore in USA, everyones too deep in debt! Except the very rich gnomes. 700 billion rescue? Turned into 7 trillion! But that sum too alone is not enough, but gnomes will try to get it and more, lets see if congress sells peoples future to all eternity. But behind all that, her analysis is so far the one that is in my opinion best description of reality so far. No nation can take unlimited debt infinitely and think there is no day of paying back… No wonder consumers are not consuming anything anymore in USA, everyones too deep in debt! Except the very rich gnomes.

700 billion rescue? Turned into 7 trillion! But that sum too alone is not enough, but gnomes will try to get it and more, lets see if congress sells peoples future to all eternity.

]]> By: Kerling http://www.badidea.co.uk/2008/10/derivatives-beast-has-eaten-all-the-fake-wealth-of-these-gnomes-apparently/comment-page-1/#comment-81 Kerling Fri, 17 Oct 2008 11:44:29 +0000 http://www.badidea.co.uk/?p=1648#comment-81 Dude, new chancellor right here. You need a head for the surreal/absurd in this crisis. Dude, new chancellor right here. You need a head for the surreal/absurd in this crisis.

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