ONE OF THE KNOCKS AGAINST the Department of Homeland Security's color-coded terrorism threat level chart is that the warning guide is neither specific nor all that helpful -- it has stayed in the "yellow," or elevated band, for roughly the last seven years. Occasionally, it will move up to "orange," or the high band; it has never, to the best of my knowledge, actually fallen into the "guarded," or relatively low band.
I am not an expert in security matters so I will leave the issue of tweaking the charts to the experts. But I do have an interest in financial matters -- to the point where people will sometimes ask me about what I think regarding various market happenings. Along these lines, I thought perhaps a chart detailing the probability of an utter financial disaster might prove helpful. People could use this chart to make easy determinations about where things might be headed, and issue pronouncements to folks accordingly. My own thoughts are that we're in the Gold band, for moderate risk, or the Orangeish band, for moderate to high risk; although I would caution readers that I am not a financial advisor, and you should always consult with a financial advisor before making investing decisions, investments can and do lose money, so on and so forth.
Anyway, without further ado, here is Benjamin Kepple's Daily Rant Financial Disaster Warning Scheme:
Posted by Benjamin Kepple at April 20, 2008 10:00 PM