False Prosperity

"When you borrow a lot of money to create a false prosperity, you import the future into the present." -Michael Lewis, Boomerang

High Finance

Almost a review of three books. Well, not quite almost. Nomatter. Informed about the world of high finance and rob-your-soul banking? Me neither. Every class I ever took that had anything to do with business, economics or numbers, I bagged as soon as I could and went about living life as it should be lived. …

Boomerang Them Germans

Boomerang by Michael Lewis What is a boomerang and how does it apply to the problems of a world faced with replacing productivity and creativity with speculative finance? Without looking it up on Wiki, I recall a boomerang being a hunting tool. Aborigines used it to stun or deliver a debilitating injury to their prey …

Grifter Nation

Griftopia by Matt Taibbi In The Beginning There are two scams in the 1990 movie The Grifters that reveal everything there is to know about how things work--and not just in America but in the whole western world. The first scam I want to worst-write about this day, dear worst-reader, is actually shown twice in …