Sunday 8 February 2009

In Recession

In Recession

Cash in on the boom, it will last forever
If there was ever a moment, it was now or never

Amongst my pals only I didn’t have a demat
They discussed derivatives and I felt like an idiot

Markets soared high and fortunes were made
Only people not there were me and the dead

Banks got crazy disbursing easy credit
To every other Johnny without any merit

Then it all came down with a very heavy thud
Debt turned toxic and assets turned dud

Blood on the bourses, accounts blood red
Freddie down, Fannie down, people lost sleep over bankers and bread

Pundits without face, people without trust
Waited with bated breath for next one to bust

Old jobs lost, new dried up, stocks looked bleak
Punters and scamsters discovered fake peak

Honchos strategized wait and watch and just sit tight
Experts opined, let’s return to the commanding height

All hell broke when politicos became bright
Turning left, turning right, and stoking ideological fight

Crony capitalism and stingy socialism
All empty rhetoric, all pithy aphorism

Monetary or fiscal, bailout or stimulus
Tax payers or investors, we are missing the bus

Chaos reigns supreme, no one knows the bottom
Time for reality check, time for post-mortem

Greed and Governance; or its lack thereof
Built on the rickety system of Midas and Maydoff

Destroying for ever through speculation and oil
Time tested traditions of trade and toil

It feeds on fear, bats for rich and excludes the poor
Change it, challenge it and build a brand new order

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