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Obituary of the Too Much Economy

Economics / US Economy Jan 25, 2009 - 07:31 AM GMT

By: Submissions

Economics Our economy is in the process of burying the corpse of Too Much at the corner of Wall Street and Broad. Pall bearers will carry this leveraged ponzi scheme past the International Monetary Fund and the World Bank seeking alms from the poor. Our elected Representatives have decided the corpse will lie in state at the Rotunda of the U.S. Capitol until these United States are bled to third world status.


Too Much was born in 1973, at the time Gold Standard was abandoned in favor of Credit Card. "Whoopee", shouted the masses: "something for nothing." His father, Spendthrift and his mother, Frugal, died when Too Much was an infant. He was adopted by the Great Grandfather, Capitalism, who taught the youth every thing possible about consumption. There were no limits on the young Too Much because as everyone knows--Capitalism is not about less.

Ashes to ashes, dust to dust may be the legacy of a human corpse, but the corpse of an economy is a littering of useless infrastructure. The death of Too Much will leave behind strip malls, office towers, golf courses and trophy homes.

As a lasting tribute the People of the United States have chosen the highest cost of living of any nation on the planet. We spend $7,600 per person on not health. We spend 22% of our income for transportation, Japan spends 9%. We spend more money on our prison system than any other country in the world.

But all else pales in comparison to the amount of money you and I pay to provide security for the Planet. Our Navy patrols every water transportation corridor in every Ocean. We spend billions of dollars to maintain 720 military bases around the World. We spend more money on our military that the rest of the World combined.

Too Much is survived by its sire: Borrowing and Debt; and grandchildren Foreclosure and Bankruptcy. In lieu of flowers the family suggests you party too much.

Ann Zuspann

P.O. Box 898

Heber, UT 84032

© 2009 Copyright Ann Zuspann - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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