Thursday, February 07, 2008

Some Chartage

I like charts!
Yes I do!
Yes I do!

I like charts!
How 'bout you?
How 'bout you?



Yes, remember, globalization is bad for America. Even if a cheap dollar makes our exports all that much more affordable to foreign nations and might be the only thing that will lessen the blow of a recession.



And if you wanted to see how relatively "fake" the housing wealth was in the US, you needn't look further than the above chart. My favorite is the RGDP vs consumer spending. It directly explains the third chart. If you don't work, you borrow to pay for what you consume.

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