The amount by which the US outspends other countries on military expenditures is staggering.
Archive for the ‘financial’ Category
Military Spending by Country
Sunday, May 17th, 2009The Current Recession by Comparison
Wednesday, February 25th, 2009This 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.
How Porsche made a killing
Wednesday, January 21st, 2009In 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, 2008This 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.