Saturday, October 25, 2008

Really Scary Charts

How bad is this credit crisis?

From the Financial Ninja - Really Scary Fed Charts: OCT, Now Crazy Scary

1 Comments:

At 10/25/2008 5:22 PM, Blogger 45north said...

Crazy scary charts are beyond anything anyone was predicting 3 years ago. The source being the Federal Reserve System means that anyone anywhere can challenge them. Obviously the trends cannot continue but even so the Fed is doing a good job of keeping the economy going - without the Fed the economy would just stop. Over the last year, the US economy has been restructured with hardly a peep - the elections are an exercise in delusion - sort of like you're in New Orleans during Hurricane Katrina and you get to choose your radio station.

 

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