Thursday, October 18, 2012

Required reading: Bloomberg foresees the collapse

Nothing heralds the decline of an empire quite like the construction of an expensive new headquarters. Louis XIV built Versailles after his power had peaked, and before much of Europe united against him. Park Avenue's Pan-Am Building went up not so many years before the iconic company went under. Enron was still completing its postmodern skyscraper in Houston when it filed for bankruptcy in 2001.

All of which brings us to the N.Y. Yankees and their $1.5 billion-plus stadium, baseball's monument to America's precrash hubris...


MUSTANG! said...

That article gave me a warm feeling.

The Sayonara Kid said...

This is no time for congratulations
This is no time to turn your back
This is no time for circumlocution
This is no time for learned speech

This is no time to count your blessings
This is no time for private gain
This is the time to put up or shut up
It won't come back this way again