Tuesday, March 25, 2008

The only thing we have to fear is fearmongering!

these facts should give some perspective which the recent barrage of US economy gloom-and-doom stories lack:

Zimbabwe's inflation rate is over 66,000 percent, and it has been worse in Germany in 1923 and Yugoslavia in the winter of 1993.

Unemployment is still relativelyand historically low.

(this post inspired by dustbury)

update: no oil for pacifists reports additional details.

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