angelatc
Member
- Joined
- May 15, 2007
- Messages
- 50,703
I can't get the pictures to show up here. They're protected from hot linking at the site, so I tried copying them and hosting them elsewhere, but apparently I am doing something wrong. These are really eye-opening.
http://directorblue.blogspot.com/2009/01/scariest-chart-ever.html
http://directorblue.blogspot.com/2009/01/scariest-chart-ever.html
This first chart shows the amount borrowed by US banks from the Fed through Dec 2007; the spike marks the Savings & Loan Crisis at the end of the 1980s with borrowing maxing out at $8b..."

"Now take a look at the following chart. It is the same graph as above, but updated through the beginning of November ‘08."
