“A color-coded map of American personal indebtedness could be laid on top of the Centers for Disease Control’s color-coded map that illustrates the fantastic rise in rates of obesity across the United States since 1985 without disturbing the general pattern. The boom in trading activity in individual stock portfolios; the spread of legalized gambling; the rise of drug and alcohol addiction; it is all of a piece. Everywhere you turn you see Americans sacrifice their long-term interests for a short-term reward.” – Michael Lewis, Boomerang
More sugar!
June 12th, 2012 · 3 Comments
Tags: Economics · Michael Lewis
3 responses so far ↓
1 CJ // Jun 12, 2012 at 7:18 am
I was born in the backseat of that car.
2 Tetman Callis // Jun 12, 2012 at 8:29 am
But you got out of it.
3 CJ // Jun 12, 2012 at 9:52 am
Still it chased me down the street until I dodged into a strange backyard, jumped a chain link fence and ran through junkyard weeds until it could not follow.
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