Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Tuesday, March 27, 2007
Recession fears up?
Apparently not. Steve Conover has his latest national debt chart up as well. That $9 trillion sounds like a scary number, until one takes a closer look. The $60 trillion in aggregate household wealth also makes our debt look sanguine.
If you are missing the bears that used to haunt the Tradesports pit, it turns out they are not quite extinct. Scroll down to Conover's commenters, and see how he handles the shrill bear called "gunthestops" in neat order.
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