Sunday, December 7, 2008

The Japanese real estate bubble analogy

The x-axis denotes the years during the Japanese economic crisis. The red are the analagous dates in the US. It's a long way down, my friends.

I have been watching the Ken Burns series "The War" about WWII, which I think every American should see. It is sponsored in part by Bank of America. In their ad, they say "Bank of America: only when we study the past can we avoid the mistakes of the future." Ironic.

Disclaimer: I'm not usually this negative. I heard the Alvin and the Chipmunks Christmas song today and it made me absolutely insane.

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