A visual guide to the financial crisis

[onemorethanten]

 Check out the "flowing data" graphic at
http://flowingdata.com/2008/11/25/visual-guide-to-the-financial-crisis/

Comments

[rmeidaking]

WalMart always seemed to be a bit of a Ponzi-scheme retailer, keeping 'growth' up by opening new stores, even while the old ones were only borderline-profitable. This would appear to imply that they're nearing saturation - the point where they can't open new stores without competing with themselves.

I wonder how long it will be before they start closing under-performing stores, and then how long before the whole thing implodes with the rest of the economy.

[onemorethanten]

The timing will probably coincide with any attempts to unionize stores and be blamed on that, when in fact those stores were as you say under-performing and going to be closed soon anyway.

Well, maybe somebody will figure out a winning formula for the buildings left behind. WhirlyBall?