A run on the banks

October has been a perilous month for the economy for many years, it seems. Here’s what Thoreau had to say on October 14, 1857, contrasting the panic among those who rely on the commercial banks with the security of the crickets who rely on the banks of sand near Thoreau’s cabin.

I’ve read this passage several times before, but it was only this time that I noticed the neat pun on Suffolk Bank and suffocation.