Tuesday, March 04, 2008

Dr. Faustus - Your CHF & YEN Mortgage Liabilities Are Coming Due

Dear Dr Faustus and other YEN & CHF Borowers,

Undoubtedly, you've been expecting this letter.

Maybe you've a sinking a fund where you've been religiously depositing your interest-rate savings these past four or five years. Maybe you took the savings and won the lottery by investing in Paulsen's winning ticket.

Whatever you've done, the time has now come to pay for Mephastophilis' services. Irrespective of whether you have borrowed for the low rates, or because you think the currency is supremely flawed and should be weak, you've made a deal knowing that there were ultimate consequences, and the deal has now come due.

I understand you may be saddened or frightened (or both) by the inevitable outcomes arrival. Some may even see it as Tragedy. I think, however, the best way to view it is simply determinism. No more. No less.

In future, for eternity I suppose, please remember: "There is no such thing as a free lunch..."

Yours fondly,

Globo-Bank PLC
for "Lucifer"

1 comment:

behemoth said...

Au contraire, there is such a thing as a free lunch. It's
just like the Plotnik diamond. What's that, you ask?
A woman shows up at a function sporting an enormous diamond. She is soon circled by a ring of envious friends. "I'd die for a ring like that, one exclaims". " Not so fast", replies the woman," this is
the Plotnik diamond, and it comes with a curse".
"What's the curse," asks another.
"Mister Plotnik".