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ifwintercoyesterday at 4:55 PM1 replyview on HN

Beautiful writing, poetic.

I've always had a morbid fascination with financial bubbles and the Japanese one of the late 1980s might be the most epic in history (definitely in modern times at least).


Replies

578_Observeryesterday at 5:21 PM

"Spectacular" is an interesting word choice. To be honest, for us on the ground, it just feels like cleaning up a very long party that ended 30 years ago.

But I appreciate your perspective. It is refreshing to know that someone finds a poetic texture in what I simply call "bad loans."