We Now Know Where $6 Billion In Saudi Reserve Assets Went -- LOL -- April 30, 2016

The other day I mentioned that Saudi Arabia lost "only" $6 billion in reserve assets in March. Hold that thought while "taking in" the screenshot below:

It certainly puts things into perspective when commiserating about the state of American entrepreneurism, innovation, and technology.

By the way, with regard to that long, long post on America's productivity decline, it may or may not mean all that much to "the individual." It may not even mean that much in "the aggregate."

The embedded graphs below come from this site.

From 2013 to 2016, under the Obama administration:


source: tradingeconomics.com

For the past ten years:
source: tradingeconomics.com

Since 1950:
source: tradingeconomics.com