Fact fiction liquidating loan self

06 Nov

Consisting of eighteen six-line stanzas, "The Raven" is told retrospectively by a first-person narrator.

The setting throughout is the narrator's chambers at midnight on a bleak December, as the speaker or student lapses between reading an old book and falling asleep.

by James Howard Kunstler The world is swiftly moving to the dangerous place where nations won’t be able to do business with each other because they don’t trust the institutions that control wealth, which includes central banks, commercial banks, and governments.

It will happen when the purveyors of international commodities, oil especially, refuse to accept the letters of credit issued by untrustworthy intermediaries.

also tells the stories of desperate foreclosed homeowners in California, disillusioned autoworkers at the end of the line in Ontario and furious workers in France who shocked the world by kidnapping their own bosses. It's left to US Treasury Secretary Hank Paulson, himself a former Wall Street banker, to try and avert further disaster. Facing economic ruin, desperate world leaders are at each other's throats.

According to a December 6, 2015 article in the Wall Street Journal, new regulations put in place following the 2010 Flash Crash—when "bids on dozens of ETFs (and other stocks) fell as low as a penny a share—proved to be inadequate to protect investors in the August 24, 2015 flash crash, "when the price of many ETFs appeared to come unhinged from their underlying value."—ETFs were put under greater scrutiny by regulators and investors. Among the charges included was the use of spoofing algorithms; just prior to the Flash Crash, he placed thousands of E-mini S&P 500 stock index futures contracts which he planned on canceling later.

Lehman Brothers became the world’s largest bankruptcy ever - The damage quickly spread around the world, shattering global confidence in the fundamental structures of the international economy. Greed and recklessness by the titans of Wall Street triggers the largest financial crash since the Great Depression. The meltdown's devastation ripples around the world from California to Iceland and China.

In fact, during the final years of his life, Poe was referred to as "the raven" and his readers often wove short passages of the piece or a simple "nevermore" into their daily talk.

The poem is essentially a dramatic monologue; it tells a story that has no real climax but that nonetheless progresses through stages marked by changes in the narrator's mood as he successively interprets the raven's presence and the meaning of its "nevermore" replies.

I say Maoists because just like Mao’s “Red Guard” of rampaging students in 1966, their mission is to “correct” the thinking of those who might dare to oppose the established leader.

Only in this case, that established leader happened to lose the sure-thing election and the party finds itself unbelievably out-of-power and suddenly purposeless, like a termite mound without a queen, the workers and soldiers fleeing the power center in an hysteria of lost identity.