Observations, Calculations, and Values
In Fareed Zakaria’s wonderfully written book, “The Post American World“, one of the concepts that he describes as he looks around the world is what he calls “The Rise of the Rest”. The above chart demonstrates this concept nicely. It shows how the US banking sector dominated half of the top 20 banks [...]
Blog dshort.com published the above chart comparing four bad bear markets.
Source:
http://www.dshort.com/articles/2009/four-bad-bears-alternate-real.html
I recently finished “The Secret History of the American Empire“, which the second
economics/history/autobiography book by John Perkins. His first, “Confessions of an Economic Hitman“, was a best seller. Years ago, as a project finance guy, I also traveled the world putting deals together in interesting places, so Perkins strikes a little close to [...]
I’m in the middle of Alan Greenspan’s autobiography, “The Age of Turbulence“. One point that I found interesting was his perspective on George W. Bush’s reluctance to use the presidential veto. Greenspan called this a “hallmark” of Bush’s presidency. The below chart is my creation, based on veto data from Wikipedia.
In [...]