New York  London  GMT  Tokyo  Singapore 

Poem: On The Aging Effects Of The Financial Crisis

By Macro Man on August 31, 2009 | More Posts By Macro Man | Author's Website

When you were named Chair of the Fed,
Black hair adorned your beard and head.
With youthful vigour you raised rates,
So to avoid Greenspan’s mistakes.

But crisis came, and rates were slashed
As banks all hoarded excess cash.
And as your special programs grew,
Just look at what they did to you.

Your programs (what were they all called?)
Turned your beard white and your head bald.
But you’ve no time to look or care:
Your “green shoots plan” is constant prayer!

If you like this article please...
Subscribe by RSS Subscribe by Email Email This Post To A Friend Email This Post To A Friend

Leave A Comment :

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.
Opinions From Our Contributors
Commodities Financials Exchange Traded Funds
Stocks Forex Economy



HEADLINES
UPCOMING EVENTS
In 1 hr: EUR German GfK Consumer Confidence Survey (DEC)
In 3 hrs: EUR Italian Consumer Confidence Index s.a. (NOV)
In 3 hrs: EUR Italian Retail Sales s.a. (MoM) (SEP)
In 3 hrs: EUR Italian Retail Sales (YoY) (SEP)
In 4 hrs: GBP Index of Services (3Mo3M) (SEP)
Enter Your Email Address
Theme By: WordPress Theme Shop