Wall Street Cheat Sheet shows us where businesses are closing and filing for bankruptcies, on a state by state basis:
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click for ginormous graphic
Source: Wall Street Cheat Sheet
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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July 22nd, 2010 at 3:15 pm
Is that closing chart adjusted for population?
July 22nd, 2010 at 3:28 pm
What do you mean by “adjusted for population”? Thanks!
July 22nd, 2010 at 4:19 pm
Very interesting until I saw the last chart on “Businesses in Danger of Bankruptcy”. Mylan Labs, Textron, Sprint, … . Not sure I understand where that analysis came from.
July 22nd, 2010 at 4:20 pm
re: “Where Are Businesses Closing?” graph: Why can’t they take the numbers and divide them by the per capita state population, and THEN color code them? It’s amateuristic to just say CA bad because it has 174k in failures. CA has the most population by far, so it’s rather likely they have, numerically-speaking, a large number of failures. I give this chart porn a C-, for uninspired.
July 22nd, 2010 at 4:20 pm
for uninspired effort.
July 22nd, 2010 at 7:56 pm
Kind of silly to compare states if the numbers are not adjusted for population.