August 1, 2009 3:28 amComments Off
[Note: This post from Karl Denninger at The Market Ticker so completely captured my state of mind that I felt compelled to re- post it here in its entirety. I also encourage you to visit his blog for consistently high quality economic analysis and insight. We do need to jerk these politicians' chains and either [...]
Read the rest of this entry »
August 1, 2009 3:15 amComments Off
Thanks to the Ticker Guy – Karl Denninger @ The Market Ticker – for the chart, the data for which comes directly from the US Dept of Commerce Bureau of Economic Analysis. Not a lot to cheer about in those numbers, and, the deeper you look in them, the worse the findings.
Read the rest of this entry »
July 20, 2009 3:24 amComments Off
The associated article can be found here, however, this graph provides far more useful info than the article’s text.
Read the rest of this entry »