Neologism of the week
Please tell me it’s not just a stupid typo:
Another cost often attributed to foreclosure is ‘neighbourhood blight’, that is, negative externalities associated with foreclosures and the associated repossessions and evictions. The value of neighbours’ properties goes down and pretty soon the weeds are growing through the cracks in the pavement, homes are boarded up and the entire neighbourhood risks going down the snytgard.
via FT.com | Willem Buiter’s Maverecon | Home loans in the US: the biggest racket since Al Capone?.
Ross Presser:
February 19th, 2009 at 9:32 pm
It now says “going down the snyrting.” Weird.
words1:
February 19th, 2009 at 11:58 pm
Very strange. Wait.
“Snyrting” is Icelandic for “toilet,” so I guess they were trying to be clever and missed on the first go-round.
anon:
February 22nd, 2009 at 6:21 pm
rats! the original version just had that…
je-ne-sais-quoi…