Archive | June, 2011

Infographic: Too Big To Fail

30 Jun

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 Click x2 to enlarge

Source: Credit Blog [via The Big Picture]

2,000 Years In One Chart

29 Jun

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«By this reckoning, over 28% of all the history made since the birth of Christ was made in the 20th century. Measured in years lived, the present century, which is only ten years old, is already “longer” than the whole of the 17th century. This century has made an even bigger contribution to economic history. Over 23% of all the goods and services made since 1AD were produced from 2001 to 2010

The Economist Has More Here.

HT: Mark J. Perry.

$1 Billion That Nobody Wants

28 Jun

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Coins before Euro - European Coins In Circulation

//Wikipedia

From NPR’s Planet Money:

«Politicians in Washington hardly let a few minutes go by without mentioning how broke the government is. So, it’s a little surprising that they’ve created a stash of more than $1 billion that almost no one wants.

Unused dollar coins have been quietly piling up in Federal Reserve vaults in breathtaking numbers, thanks to a government program that has required their production since 2007.

And even though the neglected mountain of money recently grew past the $1 billion mark, the U.S. Mint will keep making more and more of the coins under a congressional mandate.»

Read The Stories Here And Here.

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