Recession
Posted by Grizlas on December 11 2008 03:53:40

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That is the word being thrown around these days. It seems to me that every day brings with it some further increase in how seriously screwed we are. First it was the stock markets, then the car makers. I have alot of questions that nobody can answer as it turns out. Questions like what will happen next and whether or not I should stock up on canned goods. I found this graph that pushed me even further towards the canned goods side of things, and would like to hear what you think about the graph, the crisis in general, and what the future holds in store for us:

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Extended News

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That is the word being thrown around these days. It seems to me that every day brings with it some further increase in how seriously screwed we are. First it was the stock markets, then the car makers. I have alot of questions that nobody can answer as it turns out. Questions like what will happen next and whether or not I should stock up on canned goods. I found this graph that pushed me even further towards the canned goods side of things, and would like to hear what you think about the graph, the crisis in general, and what the future holds in store for us:

Here's the description:

"This is a graphic of the Standard and Poor's stock index's annual returns, placing every year since 1825 in a column of returns from -50% to +60%. As you can see, it is a rough bell curve, with 45 of those 185 years falling in the +0-10% column. There are only 5 years each in the 40-50% and 50-60% return columns, and, through 2007, there were only one year each in the -31-40% and -41-50% columns. You can see where 2008 to date falls."

original link:

http://www.boingboing.net/2008/12/09/sp-returns-and-the-r.html