The Difference Between 2007 And Now

  • Posted by a hidden member.
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    Mar 05, 2013 4:48 PM GMT
    From CNBC today - and none of these "now" numbers are very good (except for the Dow and U.S. household debt):

    Dow Jones Industrial Average: Then 14164.5; Now 14164.5

    Regular Gas Price: Then $2.75; Now $3.73

    GDP Growth: Then +2.5%; Now +1.6%

    Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million

    Americans On Food Stamps: Then 26.9 million; Now 47.69 million

    Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion

    US Debt as a Percentage of GDP: Then ~38%; Now 74.2%

    US Deficit (LTM): Then $97 billion; Now $975.6 billion

    Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion

    US Household Debt: Then $13.5 trillion; Now 12.87 trillion

    Labor Force Particpation Rate: Then 65.8%; Now 63.6%

    Consumer Confidence: Then 99.5; Now 69.6

    S&P Rating of the US: Then AAA; Now AA+

    VIX: Then 17.5%; Now 14%

    10 Year Treasury Yield: Then 4.64%; Now 1.89%

    EURUSD: Then 1.4145; Now 1.3050

    Gold: Then $748; Now $1583

    NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares
  • conservativej...

    Posts: 2465

    Mar 05, 2013 4:57 PM GMT
    The real "now" numbers are very important to those who are actively engaged in the global economic system. I will not define what I mean by engaged, but many of you know of what I speak.

    As an example, the labor force participation rate is more on the order of 52%. Of that 52%, the percentage of income earners who actually pay more into federal coffers than they take out floats around 60%.

    Not a good thing for long-term posperity in America. Of course, I do realize the idiots response, "just tax and borrow more."
  • Posted by a hidden member.
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    Mar 05, 2013 8:51 PM GMT
    Yeah, these numbers are screaming "major disaster approaching quickly" and still the left doesn't get it.
  • jock_1

    Posts: 1477

    Mar 05, 2013 10:36 PM GMT
    Those numbers are truely a reflection of collapse ahead