The staff of American Madness would like to thank the humble sea pig, oh ye creature of cold waters, for inadvertently and randomly bringing us 30,000 sea pig-associated visits in the past 2 days. Thank you, Mr. Pig (or Ms. Pig) wherever you are. -- The Editors
(Note: The image above is not of a sea pig but of a pig at sea.)
“The gringos all ask me if I am a real drug dealer,” he says.
“I don’t tell them, but I ask them what they do. They say they are some big banker from London or New York, and I tell them that I am too. They like me better, and then I sell them more coke.”
– From Raging Bulls” an article in Playboy about ex-Wall Streeters living the fast life in Buenos Aires. (Hat tip to Hazard)
Outdoors bars (including rooftop bars) listed.
Don’t get your hopes up. We’re merely in the eye of the storm. You don’t throw an economy as out of whack as we did (370% debt to GDP) and expect a year of moderate malaise to work it out, especially when you’ve paid the rent you couldn’t afford by borrowing more money to pay it! We’re in for some serious penury.
How else do I know? Well, Jim Cramer says in the latest NYMag that Helicopter Ben ‘We will not monetize the debt’ Bernanke has “averted the Great Depression Two.” That’s enough for me. Depression on! Read more »
“Famed for its concentration of heavily subsidized 20-something residents — also nicknamed trust-funders or trustafarians — Williamsburg is showing signs of trouble. Parents whose money helped fuel one of the city’s most radical gentrifications in recent years have stopped buying their children new luxury condos, subsidizing rents and providing cash to spend at Bedford Avenue’s boutiques and coffee houses.”