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Must-see chart: The credit bubble is being blown again
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Wednesday, September 09, 2009
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From The Pragmatic Capitalist:

At the height of the credit bubble financial stocks represented 22% of the S&P 500.

After shrinking to just 9% in early March the financial sector has skyrocketed back to a 15% share of the S&P 500. All of this money printing and reflationary government intervention is helping fuel the beast that caused this entire crisis.

The banks are back and that’s not necessarily a good thing:

See the chart here...

More government stupidity:

Ted Kennedy's top drunken episodes. R.I.P.

Must read bit from the great Richard Russell

NY Times best selling author: Obama leading U.S. to "financial suicide"

Topics: Financials | Government Stupidity | Cruxallaneous
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