Posts tagged mass delusion

How to explain the credit crunch to a five-year-old

1.  The government promised Mummy and Daddy they would be happy if they spent their lives working to make someone else rich. 2.  Mummy and Daddy did what they were told, but ended up with jack shit. 3.  The rich people told Mummy and Daddy to borrow lots and lots of money, so that they could buy a house, a car and all the lovely shiny things they had been promised. 4.  The rich people got even richer by selling Mummy and Daddy’s loans to each other and pretending that… Read More