May 27, 2009 0
Feb 12, 2009 0
job losses… in perspective
My bro shared with me this article…
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What 3.6 Million Jobs Lost Over 13 Months Looks Like
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.
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If you still have a job, be grateful.
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Popularity: 1% [?]
Oct 23, 2008 0
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.
Popularity: 10% [?]
Oct 22, 2008 0
the 2008 financial crisis – part 2
Oct 16, 2008 3
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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Popularity: 1% [?]



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