We’re not ashamed to declare ourselves total stats geeks, which means we’re always curious about the stories behind Big Important Numbers. And occasionally in our mathematical wanderings, we come to realize that some of those Numbers are a heckuva lot less revealing than they’re cracked up to be—batting average, for example, or Gross Domestic Product. […]
Tags:Depression v2.0·economy·George Packer·housing starts·statistics·The New Yorker
There’s little doubt that as Depression v2.0 inevitably worsens, civil unrest will become more commonplace. Even the august New York Times is letting aged stock pickers pop off about the need to stock up on canned food and shotgun ammo. So don’t be surprised if your neighborhood occasionally comes to resemble Bartertown. But in madness […]
And so Depression v2.0 has claimed another victim near-and-dear to Microkhan’s heart: Midway Games. Sumner Redstone left the company high-and-dry in December, selling his 87 percent stake for a measly $100,000—plus another $70 million in debt. All the news stories have talked up Midway as the developer of the Mortal Kombat franchise. But the tear […]
