Friday, July 4, 2008

Debt Rattle, July 4 2008: Nothing we can say is going to change anything now

Pieter Bruegel the Elder The Tower of Babel 1563Brueghel's painting seems to attribute the ultimate failure of the Tower to engineering difficulties rather than to sudden, divinely-caused linguistic differences. Although at first glance the tower appears to be stable series of concentric pillars, upon closer examination it is apparent that none of the layers lie at a true horizontal; rather, the

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