Enough about the credit crunch already
Earlier this month my friend Bec expressed her bewilderment about the credit crunch. At that stage, although equally bewildered, I was somewhat intrigued by said credit crunch – what an exciting time to be working on a financial paper. I watched the rand value of the $700 billion bailout package increase with a morbid fascination. When would it hit R7 trillion? Well, it did, this week, and now I am bored.
I mean, there are only so many articles about Lehman Brothers you can read before you start wishing old Pop Lehman hadn´t been quite so virile back in the 19th century. I long for the time when all anyone cared about was what colour knickers Britney was wearing, if any at all…
Bailout this, rescue plan that. Whatever. I say let the banks foreclose on all those people who never
should´ve been granted mortgages in the first place. If we don´t send the trailer trash back to their mobile homes, where is the next generation of Hollywood celebrities going to come from?