Archive for the ‘financial’ Category

Military Spending by Country

Sunday, May 17th, 2009

The amount by which the US outspends other countries on military expenditures is staggering.

Defense Chart

Via Andrew Sullivan

The Current Recession by Comparison

Wednesday, February 25th, 2009

This chart really helps to make the economic context much clearer than the newscaster seem to be ableĀ  to do. Charts like this put me in mind of the old saying, ‘a picture is worth a 1,000 words’. With the networks hammering this subject round the clock this graph is closer to being worth 1,000,000 words.

current recession


How Porsche made a killing

Wednesday, January 21st, 2009

In a move of quitely buying VW stock over the last 3 years they turned the tables on short sellers and briefly made VW the most highly valued car company on the planet.

Wall Street Meltdown Rundown

Monday, October 6th, 2008

This article seems to have a good grasp of the current wall street crash.

From the article, “It was the easy trade. Borrow at 3 percent and make 6 percent or 8 percent or 10 percent. They liked it so much, they levered up. Meaning instead of just borrowing a dollar for every two dollars of assets they owned (which by the way, thanks to the 50-percent margin requirement, is the amount of leverage that you and I are allowed to buy stocks from these same firms), they borrowed 20 to 1, 30 to 1, and even 50 to 1, if they could get away with it. And man, it was a lucrative trade. So why not?”

Its worth a read.