20081129 2008.Black Swan

374 views

Published on

Great Recession of 2007-2010

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
374
On SlideShare
0
From Embeds
0
Number of Embeds
10
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

20081129 2008.Black Swan

  1. 1. O. Max Gardner IIIO. Max Gardner III Max Gardner’sMax Gardner’s Bankruptcy Boot CampsBankruptcy Boot Camps TheThe Black SwanBlack Swan
  2. 2. The Black Swan • No Ability to Predict the Future Based on Historial Models • Events are Subject to the Laws of Random Seclection • Lack of Ability to Control the Present or the Future • Law of Unintended Consequences
  3. 3. Black Swan for the US The ECONOMY • Mortgage Meltdown • Bank Failures • Hedge Funds Collapse • Banks Stop Lending • Credit Markets Seize • Bailouts Don’t Work • Foreclosures Out of Control
  4. 4. Real GDP GrowthReal GDP Growth
  5. 5. The National DebtThe National Debt In $ TrillionsIn $ Trillions
  6. 6. The BudgetThe Budget in $ Billionsin $ Billions
  7. 7. Uninsured AmericansUninsured Americans In Millions of PeopleIn Millions of People
  8. 8. Annual Insurance PremiumsAnnual Insurance Premiums Per FamilyPer Family
  9. 9. Median Household IncomeMedian Household Income
  10. 10. AMERICANS IN POVERTYAMERICANS IN POVERTY MILLIONS OF PEOPLEMILLIONS OF PEOPLE
  11. 11. TransportationTransportation
  12. 12. UtilitiesUtilities
  13. 13. FoodFood
  14. 14. FoodFood
  15. 15. Prescription DrugsPrescription Drugs
  16. 16. COLLEGECOLLEGE
  17. 17. PERSONAL SAVINGS RATEPERSONAL SAVINGS RATE
  18. 18. CONSUMER DEBTCONSUMER DEBT
  19. 19. FOREIGN OIL DEPENDENCYFOREIGN OIL DEPENDENCY
  20. 20. U.S. Trade Deficit
  21. 21. STRENGTH OF U.S. DOLLARSTRENGTH OF U.S. DOLLAR
  22. 22. FOREIGN VIEW OF U.S.FOREIGN VIEW OF U.S.
  23. 23. Max Gardner’sMax Gardner’s Bankruptcy Boot CampsBankruptcy Boot Camps PO Box 177PO Box 177 Casar NC 28020Casar NC 28020 704.418.2628 (Max Direct)704.418.2628 (Max Direct) www.maxbankruptcybootcamp.comwww.maxbankruptcybootcamp.com www.maxgardnerlaw.comwww.maxgardnerlaw.com maxgardner@maxgardner.commaxgardner@maxgardner.com

×