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Investment hunour...

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Old Jun 30, 2008 | 10:42 AM
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ChefDude
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Default Investment hunour...

This is the house that Jack built
This is the loan that funded the house that Jack built

This is the bank that made the loan
That funded the house that Jack built

This is the CDO
Created by the bank that made the loan
That funded the house that Jack built

This is the hedge fund that bought the CDO
Created by the bank that made the loan
That funded the house that Jack built

These are the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the inflation caused by the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the central bank
That targets the inflation caused by the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the tight monetary policy
Run by the central bank
That targets the inflation caused by the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the housing crash
Caused by the tight monetary policy
Run by the central bank
That targets the inflation caused by the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the recession resulting from the housing crash
Caused by the tight monetary policy
Run by the central bank
That targets the inflation caused by the oil
Purchased with the excess money
Printed by the mercantilist central bank
That bought the dollars sold by the hedge fund
That bought the CDO created by the bank
That made the loan that funded the house
That Jack built

This is the estate agent that went out of business after it couldn't sell the house that Jack built when he put it on the market after the structured credit group he worked for was closed down by bank which, ironically enough made the original loan that funded the house that Jack built.
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