'Total Collapse' In Greece

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, March 1, 2012 'Total Collapse' In Greece You think our ISM report was bad? Check out the Greek ISM, which has now come in sub-50 for 30 straight months, and which is now at a survey low of 37.7. There's something remarkable you have to realize here, which is that to some extent, ISM reports are mean reverting. Eventually it gets hard for more companies to have sequential declines than in the month before, because you just get to some kind of floor in business. So the deep declines month in and month out is staggering. As The Economist's Ryan Avent puts it, this is "total collapse." Read » Also On Money Game Today: Apple's TV Will Be 'The Biggest Thing In Consumer Electronics Since The Smartphone'—Munster STOCKS SURVIVE THE OIL SCARE: Here's What You Need To Know Your Complete Guide To Faith-Based Investing The Economic Case Against Obamanomics In 13 Charts Advertisement CHART OF THE DAY: PRESENTING: The Ron Paul Gasoline Index CHART OF THE DAY: The Housing Triple Dip CHART OF THE DAY: By This Measure, Stocks Are Still Incredibly Cheap Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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