Tuesday, September 30, 2008

Chart of the Day

From Brad Setser at 'Follow The Money'

His blog really is unmissable for financial wonks (guilty). Go over and read the context to this very impressive piece of charting.

Beware of anyone who says they "know" what's going on and how this will end. The best brains out there are flummoxed, so just ignore the pseuds and fools, please. Play it safe and preserve capital.