Thursday, February 7, 2008

The fear of the fear of fear itself

ENRIGHT: What happens when the seed of fear sprouts?

FRUM: A giant metaphoric fear tree grows.


FRUM: Oh? Well. The fear tree spooks the herd.


FRUM: The herd goes over the cliff, of course.


FRUM: The stock market dives. Consumers stop buying things and America run out of money to pay the interest on the money we’ve borrow from China to pay for crap we don’t need we’ve already burned up.

ENRIGHT: Well that’s their problem!

FRUM: Well, no. If that happens, they’d stop making stupid crap for Americans. The Chinese economy would slip into a depression. The Chinese, of course, would call in their loans. Thereby plunging the world into the Greater Depression.

ENRIGHT: We could stiff them.

FRUM: No we couldn’t.

ENRIGHT: Why not?

FRUM: I don’t know. They don’t teach that at Harvard. It’s some complicated three-card monte game involving t-bills. I think the money’s in Switzerland.

ENRIGHT: We could always start a war. Another war.

FRUM: No. We’ve used up our credit limit.

ENRIGHT: What’s our best option?

FRUM: Human sacrifice, of course.

They exchange dark looks.


FRUM: Hmmm.

ENRIGHT: I was thinking the same thing.

They leap on each other, grapple. Static.

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