Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, August 25, 2009

Upside down.

Total U.S. debt held by the public as of August, 2009: $7.3 trillion
Projected deficit for 2010: $1.5 trillion
Total value of all gold ever mined at $941/oz.: $4.8 trillion

Tuesday, March 10, 2009

This is soaring?

Yahoo!® Finance reports today that "Stocks Soar on Bank Rally." Not to rain on anyone's parade, but a 380-point bounce in the Dow after losing more than 50% of its market value since last October (a high of 14,093 to 6,547 yesterday) is not what I'd call "soaring," given the context.