House of Paine

chinas credit crunch

what an x-ray

over here where the west was won

we don't get all this real life chatter
about credit dealers

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the new age biz-chinks
are clucking about the "states" 
ham hand ways
in cutting down the credit deck

and even more 
squak squaaaak
over how and to who
the  fewer remaining
credit cards get dealt to

" here in china
we need pure profit 
motivated lenders
that use the interest rate 
as a real tool 
to guide investment
thats the most fair 
and efficient system 
of credit 
not this party bull shit 
pal lamony
setup
we got now
we need 
 one like they got 
in the  STATES "

ha ha ha ha ha 
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rationing exist 
in all credit systems
and all rationing is arbitrary

my present favorite analogy 
for credit systems is the electric grid

call it the credit grid

and realize
the terms of payback are crucial
 not the interest rate

watch
 in a crunch 
as demand loans get called
willy nilly

believe me 
its no better then  arbitrary

its like local black outing

and as to doling credit out

shiiiiit 
what a inside corner office
buddy system

big fish save big fish

but 
little fish get dry landed

that really iz
the deal folks

some guys get to keep discarding till they get a good hand

and others GET

well

"THE DEALER CALLS"

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got to run fans 

 more later

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