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Graphic Illustration of Psuedo-Financial Fixes In An Environment Where Giant Banks Are Allowed to Hide Massive Debt

George Washington's picture




 

I've written a lot
about why pseudo-financial fixes won't work as long as the giant banks
are allowed to hide their massive debts. See this, this and this.

But sometimes images can illustrate what words can't quite convey:

 







Many people are being dragged underwater by the bottomless pit of debt:

Indeed,
the failure of governments to force the giant banks to write down their
debts is dragging many businesses, cities, states and entire nations
into the abyss:

http://2.bp.blogspot.com/_CutCumGq8-Y/SXKr_5BO-eI/AAAAAAAAA4E/v9Iss0ia1nQ/s400/20080328-building-at-edge-of-waterfall.jpg

The only way to plug the holes is to force the big banks to write down their debt.

(Click any image for larger version.)

 

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Thu, 10/07/2010 - 23:28 | 634372 Sam Clemons
Sam Clemons's picture

Where is that castle?

 

 

Thu, 10/07/2010 - 22:32 | 634278 Buttcathead
Buttcathead's picture

I aint buy'n nuttin...

Thu, 10/07/2010 - 21:48 | 634201 BearishFeijoadaSushi
BearishFeijoadaSushi's picture

I see a low Reynolds number on the borders, from a technical standpoint, one could say that it's working beautifully ;)

(Efficiency vs. efficacy debate)

Thu, 10/07/2010 - 21:09 | 634132 hidingfromhelis
hidingfromhelis's picture

Are those green shoots in the rectangular one?

Thu, 10/07/2010 - 21:14 | 634144 George Washington
George Washington's picture

+ 1000000000000000

Thu, 10/07/2010 - 20:31 | 634070 peak experience
peak experience's picture

Nice illustration for impact though doesn't capture the heartbreaking suffering in effect.

Thu, 10/07/2010 - 21:03 | 634117 George Washington
George Washington's picture

I found a good one:

Thu, 10/07/2010 - 21:08 | 634131 TraderTimm
TraderTimm's picture

Yep, "Devil's Pool" at Victoria Falls is great for shots like that. Here's a google image search with a bunch of pics taken there: http://goo.gl/GI3O

Thu, 10/07/2010 - 20:40 | 634080 George Washington
George Washington's picture

You're right.  If there was a picture of someone accidentally going off a waterfall, that would capture it.

This is the closest I can find:

 

Thu, 10/07/2010 - 20:56 | 634113 StychoKiller
StychoKiller's picture

That looks like a salmon attempting the impossible!

Thu, 10/07/2010 - 20:27 | 634063 williambanzai7
williambanzai7's picture

This idea of images illustrating more than woods can convey puzzles me.

Please coninue .-)

Thu, 10/07/2010 - 19:57 | 634017 threefingerscam
threefingerscam's picture

Pretty funny George.

Amusing that the pictures go on and on and on and on.......

Thu, 10/07/2010 - 20:10 | 634021 George Washington
George Washington's picture

"the pictures go on and on and on and on......."

Yes, just like the financial crisis (because the debts aren't being written off)

Thu, 10/07/2010 - 19:09 | 633938 Miles Kendig
Miles Kendig's picture

Nice illustrations George. 

 

 

 

Thu, 10/07/2010 - 18:59 | 633923 George Washington
George Washington's picture

Hmm, pics disappeared, not sure what happened ...

Thu, 10/07/2010 - 18:51 | 633907 carbonmutant
carbonmutant's picture

If money is like rain,

then you need a drain

to keep from flooding your domain.
Thu, 10/07/2010 - 18:46 | 633891 goldmiddelfinger
goldmiddelfinger's picture

When will somebody take a hit? A loss? A charge? Asshats all!

 

Break up the Yankees

Delenda Est Carthago

Thu, 10/07/2010 - 18:32 | 633864 New Revolution
New Revolution's picture

Or Beranke the Merciless stealing the water of earth and transporting it to Mars.   Where's Flash Gordon when you need him.....

Thu, 10/07/2010 - 18:18 | 633836 cossack55
cossack55's picture

Are you sure these were not caused by the creation of stranglets at CERN?

Thu, 10/07/2010 - 18:15 | 633829 TraderTimm
TraderTimm's picture

Love the pics, especially the toroidal-shaped inlet. Looks like someone dropped a black hole in the lake.

 

Thu, 10/07/2010 - 20:12 | 634037 dlmaniac
dlmaniac's picture

Looks awfully like those super massive black holes on discovery channel.

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