On the first day of Christmas, my central banker gave to me A post-housing bust economy. On the second day of Christmas, My central banker gave to me Two million insolvent households, In a post-housing bust economy. On the third day of Christmas, My central banker gave to me Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the fourth day of Christmas, My central banker gave to me Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the fifth day of Christmas, my central banker gave to me Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the six day of Christmas, My central banker gave to me Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the seventh day of Christmas, My central banker gave to me Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the eighth day of Christmas, My central banker gave to me Eight million derivatives contracts un-delivered, Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the ninth day of Christmas, My central banker gave to me Nine private equity firms a-shutting, Eight million derivatives contracts un-delivered, Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the tenth day of Christmas, My central banker gave to me Ten banking systems a-failing, Nine private equity firms a-shutting, Eight million derivatives contracts un-delivered, Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the eleventh day of Christmas, My central banker gave to me Eleven nations in recession, Ten banking systems a-failing, Nine private equity firms a-shutting, Eight million derivatives contracts un-delivered, Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy. On the twelfth day of Christmas, My central banker gave to me Twelve wars a-raging, Eleven nations in recession, Ten banking systems a-failing, Nine private equity firms a-shutting, Eight million derivatives contracts un-delivered, Seven stock markets a-crashing, Six hundred hedge funds a-closing, Five million panicking speculators, Four collapsing currencies, Three million credit defaults, Two million insolvent households, In a post-housing bust economy.