Sunday, October 11, 2009

"Great Recession" Statistics

I always find it extremely interesting to go back into history and look at statistics of different times and places. There is a lot to be learned in such seemingly overused data. For instance, the USSR lost 10.4 percent of its population, or over 20 million people, in World War II. This illustrates the role that the Soviets had in the defeat of fascism in Europe and the world and can lead to some sympathy in the eyes of Americans nation-wide for Stalin's nation.

On the Huffington Post today, I looked at a site of statistics for the Great Recession. The facts are extremely interesting: for example, the VIX Index, which shows the amount of fear within the nation towards the Stock Market, shows a historical average at 18-20, while last October it was 83. Two days ago, it was at 23.

There are tons of more statistics here. Some of them are interesting, but more are simply frightening. The volatility of our system is insane. It seems like America enjoys a system that can lose $11.2 trillion in a matter of two years. I simply believe it is a cycle of irrational behavior, and, hopefully soon, the rest of the nation will see it. That's all.

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