A Linguistic Idyll III

A Sub-prime Lexicon

Money: debt.
Wealth: debt.
Credit: debt.
Treasury Bill: debt.
Bond: debt.
Asset: debt.
Leverage: debt.
Commercial Paper: debt.
Investment: debt.

Bull market: market with debt.
Bear market: market without debt.
Inflation: too much debt.
Deflation: too little debt.
Federal Reserve: official debt printing machine.
Cash injection: debt injection.
Liquidity: availability of debt.
Illiquidity: shortage of debt.
Home ownership: lifelong debt.
Mortgage: debt you cannot afford.
Housing bubble: debt bubble
Ownership society: debt society.
Market index: debt index
Hedge fund: gambling-with-debt fund.
Private Equity: short-term profit long-term debt.
Leverage buy out: buying with debt.
Interest rate: price of debt.
GDP rate increase: increase in debt.
Economists: debt-mongers.
Banks: debt-pushers.

Growth: more debt.
Recession: no more debt.
Depression: debt is due.
Economic Crash: debt is repaid.