| They say a picture paints a thousand words. Sometimes charts do too. Look at this one from The Economist ten days ago. Consistent global economic growth at 4% for years, then suddenly … |
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| I wonder how quickly we’ll be back to 4% growth and what shape this graph will look like in two years’ time. |
Tuesday, 23 June 2009
GLOBAL DOWNTURN
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1 comments:
OK. This is the biggest contraction in global GDP since 1962... but this time it co-incides with the lowest public confidence (18%) in banking system in the USA ever!
Why is nobody except "Chicken Little" type commentators saying this. It needs addressing if it is to be fixed.
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