Stop Annualizing Already!!!

"Consumer borrowing fell at an annual rate of $7.48 billion in December, which followed an $9.13 billion drop in November."


Annualizing one month is fine for these purposes but you can't keep compounding it!  I'm going to start a news outlet that will sensationalize current events by millenializing all data.  


That's right, there was a $9,130,000,000,000 ($9.13 Trillion) millenialized drop in consumer borrowing in November and then a $7,480,000,000,000 ($7.48 Trillion) millenialized drop in consumer borrowing in December! DO THE MATH then FREAK OUT!.  This news report brought to you by Kelloggs.