The Collapse of Countrywide Financial

July 24, 2008

As the fiction of the value of the dollar unwinds, the desert is strewn with detritus big and small.

Two days after I shot this discarded piece of a concrete mixer, scavengers were cutting it up, by hand, with hammers and crowbars, and hauling it off in old pickup trucks for it’s scrap value.  All’s relative, and nature abhors a vacuum.   It will be back on the shelves at Wal-Mart in another year for you to purchase in another form.

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