This time is [not] different, but where's that Wile E. Coyote Moment?

[Michael Bailey]

let's see...we had the s&l thingie (thanks, neil bush et al, that george
bailey guy really needed putting in his place), casinos everywhere,
lotteries everywhere, the tech bubble, the housing bubble, somewhere in
there they sold the rights to the freakin' parking meters of chicago, and
some toll road, they give tax breaks to move jobs offshore, the everlovin'
*debt* bubble...what's left?

but seriously, those holding US dollars may realize that there is still a
certain amount of coolness left in the concepts that animate this republic
a-and nobody's perfect, so maybe they're betting that it might occur to
someone here to actually make their money the old fashioned way and "uhhhn
it"...
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