This is made clear the numerous ways in which the economy can only be explained with metaphors derived from real world phenomena. Just consider all the terms that have been used in the mass media to report on the economy. The "bailout" is of course the most obvious metaphor, but there are so many more. The number of bad loans reached a "critical mass" and the real estate market had a "meltdown" that arose from the "perfect storm," and of course there was "fallout" for investors. Mortgage securities are now considered "toxic" or "radioactive." "Liquidity" "vaporized," stocks "cratered," the economy "fell off a cliff," the president thinks he can "ride the tiger in order to tame it." A senator warns of "economic Pearl Harbor." Credit default swaps are "weapons of mass destruction," but who cares about any of this if he doesn't have "skin in the game." In 2007 a credit "tsunami" was heading our way, but we just stood on the shore watching it roll in. The "bubble" burst. Prices "nosedived" (why not "nosedove"?). Government props up the financial system like a "dam," refusing to open the "floodgates" that would let some problems drain away on their own. The credit system must be revived by opening up the "spigot" and sending in a "troop surge" to do battle, but not before the "sclerotic arteries" of the system are fixed. It needs more "oxygen," as long as that doesn’t "feed the flames," but should we bother trying to save a "burning house"?
If you think an English teacher in Japan may not be qualified to spout on these issues, then don't take it from me. Listen to economist Steve Keen (author of Debunking Economics), whose starting point is to "...write off the private debts, nationalize the banking system, and start all over again.”
Beaton, R., Maser, C. Economics and Ecology: United for a Sustainable World. (2011).