Wednesday, December 25, 2024 Text is available under the CC BY-SA 3.0 licence.

Anthony Burgess

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Carlo looked as at the world of fallen man on the endless suburbs that passed for a city, an eatery in the likeness of a Sphinx (enter between its forepaws), another, for jumbo malts so thick you can't suck 'em through a straw, in the form of an elephant crouched as at the bidding of its mahout, gimcrack temples of various faiths, attap roofs of nutburger stands with Corinthian columns, loans loans loans, stores crammed with cutprice radios, a doughnuttery, homes like Swiss chalets, like Bavarian castles, miniature Blenheims, Strawberry Hills, Taj Mahals, a bank in the form of a tiny ocean liner, dusty trees on the boulevards (datepalm, orange, oleander), bars with neon bottles endlessly pouring, colleges for stuntmen, beauticians, morticians, degrees in drummajoretteship.

 
Anthony Burgess

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Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts... We have a subprime financial system, not a subprime mortgage market.

 
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As we drive down the freeways, we see the new cars, but not the massive new-car loans that enslave their drivers to the banks.

 
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Poor people always pay back their loans. It's us, the creators of institutions and rules, who keep creating trouble for them.

 
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