Having pumped and dumped every asset class on the planet, finance may have exhausted its own growth model. The banks' business model for the past twenty-five years may be dying. If so, saving it in the bust is merely, and most expensively, prolonging the agony. Anticipating John Quiggin's Zombie Economics, we may have endured austerity to bring back the nearly dead.

Mark Blyth, Austerity, loc. 629