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...
at

2 comments:

  1. StangOctober 18, 2012 at 11:20 AM

    That article gave me a warm feeling.

    ReplyDelete
  2. The Sayonara KidOctober 18, 2012 at 3:20 PM

    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

    ReplyDelete

Members of the blog can comment. To receive an e-mailed invitation, write to johnandsuzyn@gmail.com. And check spam if it doesn't show up. (Google account required.)

Note: Only a member of this blog may post a comment.