The Mythical Economy

28 July 2008, BusinessWeek, Ouroboros and Moloch

BusinessWeek decides to portray the economy as Ouroboros, the serpent swallowing it’s own tail. Oddly enough, I’ve had Ouroboros on my mind quite a bit lately.

And they decide to portray Fannie Mae and Freddie Mac as Moloch.

Moloch whose buildings are judgment! … Moloch the stunned governments! …
Moloch whose blood is running money! …
Moloch whose eyes are a thousand blind windows! Moloch whose skyscrapers stand in the long streets like endless Jehovahs! …
Moloch whose soul is electricity and banks! …
Moloch! Moloch! Robot apartments! invisible suburbs! skeleton treasuries! blind capitals! demonic industries! …
They broke their backs lifting Moloch to Heaven!

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