Wall Street Manna

An irreverent look at Wall Street

Monday, December 10, 2007

Something to consider


This may help give some perspective to the depth and strength of the US economy.

When you hear the stories about a smidgen of a cent missing in a city or a state's pooled money market account, take a deep breath, and look at this table.

You'll hear the bears scream about the empty condos in Miami. That's easier than saying Finland is going belly up.

We here about Chavez and his oil in Venezuela, and our Government shakes, but last I looked poor old Detroit with all their sub-prime and auto woes is toe to toe with the Bolivarian Republic of Venezuela.

So stay toe to toe with the bears. The battleground, with them, is just about over.

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