If a picture is worth a thousand words, then nine graphs must be roughly equivalent to nine thousand words. 'Nuff said. Take a look-see.
Tuesday, September 27, 2011
Are We Headed Into A Recess/Depress-ion? The Answer In 9 Simple Charts
Labels:
depression,
recession,
recovery
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2 comments:
Although I do suspect we are already in a recession, zero hedge always says we are always headed into a reces-depression and the cure is a balanced budget and the gold standard. I don't waste my time at the site anymore.
Their data is fine. They dig out a lot of things that would be difficult to come by without processing a huge volume of information.
However, their interpretation of it is bonkers.
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