Analogy of the day comes from Mohamed El-Erian, who likens the credit markets to a drive-thru burger joint:
“Imagine yourself at the drive-thru ordering a Big Mac. At one window you order and pay, at the other – 20 feet ahead – you pick up your lunch. What if you thought that after paying at the first window, your 1000 calorie sandwich might not be waiting for you a few seconds later. You might not pay; business as usual might not take place.”
Wait, the credit crunch is a way for everybody to order fewer Big Macs, and consume fewer calories? Maybe it does have a silver lining, after all!