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Presto, Collapse-o

Friday, 10 October 2008 By Chato

First you have an economy, now you don't!

Bernanke: "As has been the case for some time,
the housing market continues to be a primary
source of weakness in the real economy as well
as in the financial markets."

Yes, we know what housing bubbles do to everything.
Aussies have just had the Howard/Costello debt binge.
Of course, it is now an economic death-binge.

Those property debt-bubbles are a barrel of laughs.

.oOo.

Pithy Quote

I feel that it was the same with Lawrence and with Rimbaud. All the rebelliousness which I share with them derives from this problem which, as nearly as I can express it, means the search for one's true link with humanity. One finds it neither in the personal life nor in the collective life, if one is of this type. One is unadapatable to the point of madness. One longs to find his peer, but one is surrounded by vast empty spaces. One needs a teacher, but one lacks the humility, the flexibility, and the patience which is demanded...One has to establish the ultimate difference of his own peculiar being and doing so discover his kinship with all humanity, even the very lowest. Acceptance is the key word. But acceptance is precisely the great stumbling block. It has to be total acceptance and not conformity.