Underpants Gnome Step 2 — revealed! by mattsteinglass
September 22, 2008, 1:44 pm
Filed under: Economics

Based on what’s been going on in the US over the past 4 or 5 days, I think we can now reverse-engineer the actual heretofore mysterious Underpants Gnome Business Plan Step 2. The plan, you will recall, as revealed on South Park, went like this:

1. Collect underpants.

2. ?

3. Profit!

We can now fill in the question mark.

1. Collect underpants.

2. Sign so many insanely complicated contracts for underpants, underpants-backed securities, collateralized underpants obligations, structured underpants investment vehicles, and underpants credit default swaps with every major and minor financial institution on planet Earth that nobody has any idea what the hell is going on anymore and the US Treasury must funnel you 700 billion dollars immediately to prevent the world from imploding.

3. Profit!


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