In response to an FT article by Martin Arnold on 24th March 2015, entitled 'Investors snap up European bank loans'
A conversation between two Advanced Life Forms (ALFs), currently visiting our neighbourhood, who would prefer to remain nameless:
ALF1: Shall we give the humans the benefit of the doubt and pay them a visit?
ALF2: No, they haven't learned a thing since we were last in this galaxy
ALF1: What are they up to now?
ALF2: They're increasing their debt to buy bad debt, using money that is issued as debt.
ALF1: They're not very bright are they?
ALF2: No, they tend to value being 'clever' at the expense of noticing how the universe functions
ALF1: You're right, shall we come back after the next crash?
ALF2: Why not…not long to wait