Monday, January 3, 2011

The Only Graph That Matters

If we as a society don't attempt to figure out what is wrong with our society we will never come back to being a real society that puts people back to work. There has been far to much emphasis on re-liquefying the banking sector that the powers that be don't even realize the massive amounts of malinvestment that is inherent in our economy. 


Chart courtesy of Calculated Risk.


We have to prosecute fraud, I know that means putting half of the banking sector in jail but we at least can pretend that we have a legal system by at least indicting one person - Can't we?

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