Wednesday, February 28, 2007

AN ITCHY, BURNING CRASH


So the U.S. economy was inches away from landing ass-first in the fecal, rat-infested depths of a Greater Depression yesterday. Some blame China, and its nefarious secret leader, Dr. Jonathan "Fu" Manchu (the Westernized grandson of the fictional pulp villain). But the fact of the matter is that economies, like the human beings subservient to them, are capable of catching bugs and viruses, and Tuesday's drop in the market was merely the financial equivalent of a nasty head cold.

Most people assume that disease far predated currency as a scourge of mankind. The truth, hard as it is to believe, is that money actually introduced sickness into the world. The fossil record shows that in the Paleosticene Era, humans first began picking fruit and trading it for other fruit or, more often, sex. Engorged on sweet treats, the homunculi located in the sperm grew corrupt and ornery, thereby initiating the world’s first STD. Other diseases followed. The Christian story of the Garden of Eden is simply an allegory for this primal monetary transaction.

Of course, if economies are able to spread illness to humans, the same is true of the reverse. Tuesday’s crash was not the result of a vast, interconnected web of socioeconomic factors; rather, it can be traced to one man, a 33-year old stockbroker in Shanghai named Chang Eng, who accidentally sneezed on the economy while walking to the rest room. The economy (which, as shares of citrus sales this quarter reveal, has not been taking its Vitamin C) thereby developed a fever, and an excess of mucous in the form widespread journalistic analysis. It was only one of those 24-hour things, though, so it’s feeling much better now, even though it’s still blowing its nose quite a bit.

The Stock Market Crash of the 1930s can similarly be attributed to biological causes. The freewheeling spirit of the Jazz Age encouraged massive amounts of binge drinking, and, due to excessive optimism levels in the bloodstreams of most flappers and dandies, the effects were deferred to the cash in their pockets, which soaked up the alcoholic residue sweated out of its hosts during novelty dance crazes. As such, what we consider the Great Depression was actually the Goddamn Hangover.

It’s best to consider events like yesterday’s as economic cold sores, painfully flaring up at annoying and embarrassing times to ooze information about our unhealthy past. Yes, this is gross, but so is licking a dollar bill.

1 comment:

Anonymous said...

I think you're right on the money. Well put, albeit gross.
Great blog, very provocative.