Today something a little different, some pictures from blog posts. They say pictures speak a thousand words.
First, consumer year over year credit change, brought to you by The Market Ticker in blog entry titled "
The Government's Effort Has Failed". And a second picture of Total Consumer Credit outstanding.
Next is a GREAT image from
ZeroHedge showing 3 price indicators from last great depression, and 3 from NOW. Notice we are on-track for another Great Depression.
From Mish's Global Economic indicator, an article titled "
Depression Debate - Is this a Depression?"
From the Smart Money Tracker, Gary's spin that Gold has already broken out over previous highs, in his post titled "
Watching the wrong number"
From Slope of Hope, in post "
Gold and Dollars" if we reprice the stock market in terms of price of gold (instead of USD), the market rally since March didn't happen, we are flat. Basically all the gains is from devaluation of the USD!.
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