ART AND THE BOUNCY BANKER: Bubble Watch

The Bruxist Collective's take on Art and (as Alfred Jarry might put it) P'finance.

A numerically dyslexic artist (and reluctant consumer) shares his dearth of financial wisdom and resulting frustrations with his Bank Manager. Read personal letters from the elusive Art to his even more elusive Bank Manager. See a comic rendition of a Day In The Life Of The Bouncy Banker. Art struggles to make sense of the senseless as the Authorities of Finance wobble but never quite fall down. Full of hot air they float above it all! When they bounce it is with impunity! Why are there no Remorseful Bankers? Can Art and Finance ever coexist? Do you have a Blue Chip on your shoulder?

When bankers get together they talk about Art. When artists get together they talk about money. Oscar Wilde

Tuesday, September 15, 2009

Bubble Watch

Here begins an informal survey of the economic bubbles that have occurred, will occur, might occur, and the predictions prescient or not concerning such.

Nobody yet is talking about the credit offers that were made so easily to so many young people (who had yet to develop credit profiles) as soon as they were of age. I wonder how many of them see such credit as a birth right and continue to spend up their credit cards for all the things they need even as the system barks in alarm? I work in a part of the city where consumers continue consuming like there is no tomorrow. Are young credit cards a potential bubble?

Bubbles are no joke. If any of you have ever watched The Prisoner you know what I mean.