In this chart, "IP" stands for Industrial Production.HT: Follow the Money
Wisconsin native, conservative critic of everything. "Once abolish the God, and the government becomes the God." ---G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
1 comment:
The decline in global industrial output is truly startling. I happened to see a graph overlay of our current global output collapse vs. the crisis of 1929-30. At present, the rate of globaldecline is much faster during our current crisis than in 1929-30.
Absolutely remarkable stuff.
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