Barry Ritholz sez,
It is exceedingly difficult to convey exactly how much we are spending o bailouts. Start talking trillions (versus mere billions) and you get puzzled looks from people.
Humans have a hard time conceptualizing any number that large. I wanted a graphic way to clearly show how astonishingly ginormous the amounts involved were.
Bailout Costs vs Big Historical Events
This Bailout Nation graphic shows the the total costs to the taxpayer of all the monies spent, lent, consumed, borrowed, printed, guaranteed, assumed or otherwise committed. It is nothing short of astonishing.
In one short year the bailouts managed to spend far in excess of nearly every major one-time expenditure of the USA, including WW2, the moon shot, the New Deal, Iraq, Viet Nam and Korean wars -- COMBINED. 206 years versus 12 months.
Jongha Choi’s Master’s thesis for Design Academy Eindhoven involved the creation of “De-dimension” furniture, which collapses into a flat, easily stored form when it’s not in use — but when it’s in its flat form, it looks like a perspective drawing of its expanded shape.
Next April, Tor Books will publish Walkaway, the first novel I’ve written specifically for adults since 2009; it’s scheduled to be their lead title for the season and they’ve hired the brilliant designer Will Staehle (Yiddish Policeman’s Union, Darker Shade of Magic) for the cover, which Tor has just revealed.
Zurich-based Illustrator and graphic novelist Martin Panchaud created a massive infographic adaptation of Star Wars: Episode IV – A New Hope. If printed, the document would be more than 400 feet long. You might think of it as a visual Star Wars Torah scroll. SWANH.NET
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Jared Sinclair developed the RSS reader app Unread, which made $10,000 in its first 24 hours on the iOS market. And we’ve all heard the story of Flappy Bird developer Dong Nguyen, whose creation was reportedly earning $50,000 a day at the height of its 2013 explosion. While those are rare examples, they’re also testament to the […]