Chart o' Doom



In 16 states, drug deaths overtake traffic fatalities


  In 16 states and counting, drugs now kill more people than auto accidents do, the government said Wednesday.
  
  Experts said the startling shift reflects two opposite trends: Driving is becoming safer, and the legal and illegal use of powerful prescription painkillers is on the rise.
  
  For decades, traffic accidents have been the biggest cause of injury-related death in the U.S., and they are still No. 1. But drug overdoses are pulling ahead in one state after another.

In 16 states, drug deaths overtake traffic fatalities

In 16 states and counting, drugs now kill more people than auto accidents do, the government said Wednesday.

Experts said the startling shift reflects two opposite trends: Driving is becoming safer, and the legal and illegal use of powerful prescription painkillers is on the rise.

For decades, traffic accidents have been the biggest cause of injury-related death in the U.S., and they are still No. 1. But drug overdoses are pulling ahead in one state after another.

“
Despite the downward trend of personal savings rate in America, a change in money mindset has emerged from this recession.  Personal savings rate has climbed to its highest level in the past 15 years while U.S. consumer outstanding credit plunged in recent months.  Having directly seen the impact of facing a recession without a cushion, many Americans are becoming thriftier and savvier in managing their money.”
(via The Collapse of Personal Savings Rate in America)
Chart O’ Doom with a side of silver lining?

Despite the downward trend of personal savings rate in America, a change in money mindset has emerged from this recession.  Personal savings rate has climbed to its highest level in the past 15 years while U.S. consumer outstanding credit plunged in recent months.  Having directly seen the impact of facing a recession without a cushion, many Americans are becoming thriftier and savvier in managing their money.”

(via The Collapse of Personal Savings Rate in America)

Chart O’ Doom with a side of silver lining?

Layoff Massacres Persist
“We’re still looking for a glimmer of hope on the employment front. There are green shoots of various size and scope everywhere, but seemingly not here. Anyway, we didn’t find any in the BLS’s latest survey of mass layoffs — defined as distinct events of 50 or more employees getting whacked at a single company. After some glints of hope in July, it just spiked right back up in August.”

Layoff Massacres Persist

“We’re still looking for a glimmer of hope on the employment front. There are green shoots of various size and scope everywhere, but seemingly not here. Anyway, we didn’t find any in the BLS’s latest survey of mass layoffs — defined as distinct events of 50 or more employees getting whacked at a single company. After some glints of hope in July, it just spiked right back up in August.”

Performance chart for Wells Fargo construction loans (totaling $38 billion). It has “Alarming” three times in red! That’s Doom for you. Of course, when losses are only in the single-digit billions, how much doom could there really be?

(via Chart of the day: Wells Fargo’s construction loans)

Performance chart for Wells Fargo construction loans (totaling $38 billion). It has “Alarming” three times in red! That’s Doom for you. Of course, when losses are only in the single-digit billions, how much doom could there really be?

(via Chart of the day: Wells Fargo’s construction loans)

via Mint.com

Those behind Chart o’ Doom applaud frugality. However, with 70% of GDP dependent upon increased consumer spending, evidence of frugality must be viewed as a threat toward recovery. Remember, there is no better measure of economic health than GDP and consumer spending, no matter what Stiglitz or Sarkozy says. The heck with jobs or sustainability, all hail GDP!

Also, this is an awesome infographic and we needed to share it.

via Mint.com

Those behind Chart o’ Doom applaud frugality. However, with 70% of GDP dependent upon increased consumer spending, evidence of frugality must be viewed as a threat toward recovery. Remember, there is no better measure of economic health than GDP and consumer spending, no matter what Stiglitz or Sarkozy says. The heck with jobs or sustainability, all hail GDP!

Also, this is an awesome infographic and we needed to share it.

From The Meltup Cometh | zero hedge. Sorry, a bit dated.

This chart looks extra-Doomy. Amazing overlap, right? There’s one problem: that bubble overlapped with our current rally is Japan’s reflection of the dot-com bubble. The dot-com bubble was fueled by new technology and massive job growth. Our current rally? Not so much. It would therefore be an amazing coincidence if our current rally continued without improvements to employment.

Still, kudos to the person who composed this. Doom!

From The Meltup Cometh | zero hedge. Sorry, a bit dated.

This chart looks extra-Doomy. Amazing overlap, right? There’s one problem: that bubble overlapped with our current rally is Japan’s reflection of the dot-com bubble. The dot-com bubble was fueled by new technology and massive job growth. Our current rally? Not so much. It would therefore be an amazing coincidence if our current rally continued without improvements to employment.

Still, kudos to the person who composed this. Doom!

financegeek:quotingthecrisis:dan-e:

The Financial Crisis: One year after the collapse of Lehman Brothers - Interactive - CNNMoney.com

I have one criticism of this: the x axis is only measuring government cash infusions. How do you quantify the assistance from changes in accounting standards or liquidity guarantees? If we simply add up the dollar value of the various guarantees or the quantity of assets that mysteriously moved to level 3 assets, every single one of these entities would end up in the far right column. Even if we just count the government cash infusions, remember that the bulk of AIG’s infusion went directly into paying back Goldman Sachs at face value for instruments that never traded at that value before.

financegeek:quotingthecrisis:dan-e:

The Financial Crisis: One year after the collapse of Lehman Brothers - Interactive - CNNMoney.com

I have one criticism of this: the x axis is only measuring government cash infusions. How do you quantify the assistance from changes in accounting standards or liquidity guarantees? If we simply add up the dollar value of the various guarantees or the quantity of assets that mysteriously moved to level 3 assets, every single one of these entities would end up in the far right column. Even if we just count the government cash infusions, remember that the bulk of AIG’s infusion went directly into paying back Goldman Sachs at face value for instruments that never traded at that value before.

We just don’t make ‘em like we used to.

I just read here that our manufacturing employment was back at 1941 levels. I checked the Fed. It’s not too easy to see where that line matches, but the data series is easy enough to read. The May 1941 data point is greater than the August 2009 (current as of today) data point.

We just don’t make ‘em like we used to.

I just read here that our manufacturing employment was back at 1941 levels. I checked the Fed. It’s not too easy to see where that line matches, but the data series is easy enough to read. The May 1941 data point is greater than the August 2009 (current as of today) data point.

Our Banks Are Not Healthy

ALLL is Allowances for Loan and Lease Losses. This graph was inspired by How Overpriced Is The S&P 500?, but we didn’t want 4 separate charts that had the same essential message. The restrictions in the legend refer to banks with the listed values in total assets.

We also readily admit that moving up the Y axis looks far Doomier, but it wasn’t strictly necessary. Things are worse than the savings and loan debacle.

Click through for the commentary and more Charts o’ Doom.

Our Banks Are Not Healthy

ALLL is Allowances for Loan and Lease Losses. This graph was inspired by How Overpriced Is The S&P 500?, but we didn’t want 4 separate charts that had the same essential message. The restrictions in the legend refer to banks with the listed values in total assets.

We also readily admit that moving up the Y axis looks far Doomier, but it wasn’t strictly necessary. Things are worse than the savings and loan debacle.

Click through for the commentary and more Charts o’ Doom.

“Today, the Labor Department reported that nonfarm payrolls (jobs) decreased by 216,000 in August. Today’s chart puts that decline into perspective by comparing job losses during the current economic recession (solid red line) to that of the last recession (dashed gold line) and the average recession from 1950-2006 (dashed blue line). As today’s chart illustrates, the current job market has suffered losses that are more than six times as much as average (20 months after the beginning of a recession). In fact, if this were an average recession/job loss cycle, the number of jobs would have begun to increase five months ago.”
(via Chart of the Day - Job losses are over 6 times average)
The irony of their Quote of the Day is too much to omit: “Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.” - Franklin D. Roosevelt

“Today, the Labor Department reported that nonfarm payrolls (jobs) decreased by 216,000 in August. Today’s chart puts that decline into perspective by comparing job losses during the current economic recession (solid red line) to that of the last recession (dashed gold line) and the average recession from 1950-2006 (dashed blue line). As today’s chart illustrates, the current job market has suffered losses that are more than six times as much as average (20 months after the beginning of a recession). In fact, if this were an average recession/job loss cycle, the number of jobs would have begun to increase five months ago.”

(via Chart of the Day - Job losses are over 6 times average)

The irony of their Quote of the Day is too much to omit: “Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.” - Franklin D. Roosevelt