Archive for the ‘Economy’ Category

One of those pictures worth several thousand words?

Each additional dollar borrowed is now generating a REDUCTION in GDP of almost $.50.   For more background and details, visit Nathan’s Economic Edge (h/t to Business Insider).

Read the rest of this entry »

Politicians: Wake the Hell Up!

[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 »

Latest GDP Figures – Ugly!

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 »

Great chart from The New York Times

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 »