One of the phrases I have long thought
deserved to be in a blog, but I could never find
the right news cycle to attach it to, is
'Zombie Capitalism; Night of the living debt.'.
My problem has always been when,
and in response to what crisis, to use it.
America, and the wider world, runs up debts
that either get written off or are never repaid.
Such a phrase could only be apt for a crisis
when repayment for old debts is so extreme
it is beyond absurd. But America pushes
the definition of absurdity just like it resists
repaying it's debts, until it is never absurd;
it is more that the world it leads is not enough
in hock to economic growth to recognise
the macabre energy behind it's reinvention.
No comments:
Post a Comment