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  • From: Tompkins County Relocalization Project <tcrp-news AT lists.ibiblio.org>
  • To: tcrp-news AT lists.ibiblio.org
  • Subject: [tcrp-news] Fwd: Financial Armageddon: In Sum, Still Pretty Bad by Michael J. Panzner
  • Date: Fri, 05 Feb 2010 23:51:21 -0500

Dear Friends--More food for thought....   Tom

Date: Sat, 06 Feb 2010 04:05:39 +0000
Subject: Financial Armageddon: In Sum, Still Pretty Bad by Michael J. Panzner
From: Financial Armageddon <panzner AT gmail.com>
To: tjs1 AT cornell.edu

Financial Armageddon: In Sum, Still Pretty Bad by Michael J. Panzner




In Sum, Still Pretty Bad

Posted: 05 Feb 2010 12:41 PM PST

The Federal Reserve Bank of Minneapolis has posted an interesting interactive feature at its website, "The Recession and Recovery in Perspective," which allows visitors to visualize the length and depth of 11 postwar recessions in various ways. Here are two examples:

1employment_length_large

2gdp_length_large

Despite continued speculation on Wall Street and elsewhere that economic recovery is upon us, these images sum up just how bad things have been during the current downturn.

Click here to explore the other options, including an ability to compare recessions by state.

(Hat tip to Zero Hedge.)


  • [tcrp-news] Fwd: Financial Armageddon: In Sum, Still Pretty Bad by Michael J. Panzner, Tompkins County Relocalization Project, 02/05/2010

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