Friday, August 17, 2007
Scary Movie ?
What has just happened? Well you see there are formulaic scenes in early every horror flick: the boy with excess curiousity, the waif running away who trips, the rise from the dead calm following victory, and so forth.
The young boy whose incessant curiousity compels him against all good reason to explore the spookiest nooks and crannies of the rickety house with viewer thinking, "OH NO! DON'T, PLEASE DON'T PLEAEEASSSE DON'T OPEN THAT DOOR', after which the innocent opens it followed by chaos, terror, blood, screams and mayhem. Yes that describes the credit bubble, of which the US sub-prime mortgage mess is but one expression.
Then there is the archetypical scene in which the lovely, scantily-clad, and always young and female is running away from something terrible, horrible possibly supernatural, and ALWAYS very dangerous (ostensibly through the woods, often when its raining) who inevitably slips, falls and twists an ankle (breaks a leg, get trapped under something-or-other), leaving our heroine helpless and paralysed by fear as the imminent danger encroaches upon her. Sometimes she does manage to [temporarily] escape or is [temporarily] rescued by heroism or happenstance. Equity markets it would seem, have just witnessed such an occurance with foreign Japanese equity "longs", and Japanese domestic housewives short the YEN vs high carry currencies , both proverbially spraining ankles in their haste to runaway! runaway! runaway! from IT.
And there is of course the scene where the hero or heroine believes the danger to have mortally passed, with the villain/monster/beast/alien either [apparently] incapacitated, injured, mortally wounded, and perhaps appealing to the emotions and superior sympathy of the hero (and viewer) and usually accompanied by weepy music, in order to make a confession/apology of sorts, drawing the hero closer closer closer dropping his guard until with a rapid fury and force accompanied by loud suspenseful music, we get.....RATE CUT!!!! RATE CUT!!!! , mauling [at least temporarily] the shorts, doomsters, nattering naybobs, and those that sold their Japanese stocks down 10 or 15% last night, all at once.
Needless to say, following more excessive force, multiple gunshots, or help from rescuers, the villain, alien, credit monetser or what-have-you, is usually slayed [really!, and for good!] despite the previous fits and bouts apparent recovery. But lingering again, one never really knows for certain. I think I'll rent "Dead Calm" tonight just to keep me on my toes....