the molife of crappy booze

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my crappy mo-life through my crappy eyes. what else?

dilbert on investing

A real classic strip by Dilbert:

Dilbert on Investing

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job losses… in perspective

My bro shared with me this article…

What 3.6 Million Jobs Lost Over 13 Months Looks Like

February 6th, 2009 by Karina Job losses in recent recessions

This chart compares the job loss so far in this recession to job losses in the 1990-1991 recession and the 2001 recession – showing how dramatic and unprecedented the job loss over the last 13 months has been. Over the last 13 months, our economy has lost a total of 3.6 million jobs – and continuing job losses in the next few months are predicted.

By comparison, we lost a total of 1.6 million jobs in the 1990-1991 recession, before the economy began turning around and jobs began increasing; and we lost a total of 2.7 million jobs in the 2001 recession, before the economy began turning around and jobs began increasing.

If you still have a job, be grateful.

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it’s the economy, stupid!

Those GOOD samaritans at GOOD Magazine are GOOD enough to share their GOOD sheet that gives a farsighted view on how the temperamental US economy machine works (all puns intended).

An interesting read. Especially the last bit.

GOOD Sheet - It’s the Economy, Stupid!

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the 2008 financial crisis – part 2

enspire.net is good enough to produce a video version of the financial crisis explanation (posted earlier here).

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the 2008 financial crisis

Much has been talk about the financial crisis going on in US, then to Europe. I’m very sure everyone in the world; and that includes me, are curious on how the bubble burst – poor and excessive use of credit in the housing market.

Head over to read the explanation by Patrick from Cash Money Life.

For a more Malaysian layman terms writeup, click here (by Hanson from Ringgit Channel)

Now I understand why….

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contributed craps

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