How damned awesome is this illustration of longer term financial cycles?
click for enormous graphic
Source: Credit Season
Category: Bailouts, Cycles, Digital Media
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
As a graphic designer I can say pretty damned awesome!
As a graphic designer I can say pretty damned awesome!
It would benefit from a log scale for GDP and National Debt. Great concept though.
The changes in private sector debt would show how the increase in GDP is dwarfed by the build up in debt ala Steve Keen’s thesis.