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Three Pictures of the Global Economy in Free Fall

by: Jacob Freeze

Tue Apr 14, 2009 at 02:20

If you roll a billiard ball very slowly off a table, it will fall along almost exactly the same trajectory as the most significant indicators of global financial activity right now.

In particular, you can see that global industrial output, stock prices, and the volume of world trade are falling faster now than they fell at the beginning of the Great Depression.

These diagrams were lifted from a current article by Barry Eichengreen and Kevin H. O'Rourke on the wonkish economics website Vox.

Jacob Freeze :: Three Pictures of the Global Economy in Free Fall

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Three Pictures of the Global Economy in Free Fall | 1 comments

And one last image of America 2009... (0.00 / 0)

Photobucket

I happen to like both Paris and Hugh more than most leftists....

Wait!

Does that mean I like them more than I like most leftists, or more than most leftists like them, or what?

The M$M defines "left" as DKos, but that snake-pit is really more like "left behind."

(The remainder of this "comment," comprising more than 400 pages of unintelligible riffing about "America Today," has been deleted by the editor.)

by: Jacob Freeze @ Tue Apr 14, 2009 at 11:34:11 AM UTC

Three Pictures of the Global Economy in Free Fall | 1 comments

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