5 posts tagged “economy”
for everyone's bitching and moaning about credit crisis and The End of Modernity
reassurance lies in the fact that you can open up a 20 year old electronic product
type in a few numbers off a part
and order that part
for cheap
fixing our laserdisc player !!!
The US now has fewer jobs than it did nine years ago.
Unemployment is at 9.5 percent, a 26-year high.
It's the first time since the Great Depression that a recession has wiped out all the jobs created during the previous business cycle.
10 percent: Adult men
7.6 percent: Adult women
11.7 percent: Female heads of households
8.2 percent: Asians
8.6 percent: Whites
12.2 percent: Hispanics
14.7 percent: Blacks
24 percent: Teenagers
"That’s the lowest since the central bank was founding in 1694 byWilliam I I I to fund a war against France."
whoa.
the new whitney building will be indefinitely be postponed. according to the wall street journal,
the bucksbaum family real estate fortune dropped from 3 billion to 150 million USD in one month.
"Last year was the first year when I've felt genuinely sorry for responsible, well-to-do people. Suddenly they've got the precariousness of creatives, of the underclass, without that gleeful experience of decades spent living-it-up."
- bruce sterling, on the well
