Friday, April 13, 2012

The Left Side of a Sinking Box (Musical Tribute)

Click to enlarge.

Welcome to the left side of a sinking box.

See Also:
CPI vs. GDP Deflator

Source Data:
St. Louis Fed: GDP
St. Louis Fed: Total Credit Market Debt Owed
St. Louis Fed: GDP Deflator


Stagflationary Mark said...

I always loved that song. Now we're living the dream, lol. Sigh.

Mr Slippery said...

I like that song, too. It's funny you mentioned that. On TV a few days ago (history channel?), there was a special on the Great Lakes Storm of 1913.

Sunk 19 ships and killed 250. Yikes! The E. Fitzgerald song disturbs me a lot more now than when I listened to it in the 70s. Drowning in freezing water sounds like a terrible way to go.

My wife and I visited Superior in the mid-90s in the summer. Even then, the water was freezing, the shores were rocky -- big rocks -- and we were attacked by biting flies. Not our best vacation.

Stagflationary Mark said...

Mr Slippery,

Gordon Lightfoot has all the greatest hits of this economy.

Sundown (1974)

Sometimes I think it's a sin
When I feel like I'm winnin' when I'm losin' again

Fritz_O said...

With equal effectiveness you could have titled that chart "The Coriolis Effect of a Flushing Economy"!

Backtracking recent history it is striking that we were at -%5 RGDP just 2.5 years ago!

Stagflationary Mark said...


Awesome alternate chart title!

As an added bonus, they do say our economy has "turned" the corner. I say that theory is for the Byrds. We've been turning since 2000. An object in motion tends to stay in motion, lol. Sigh.

Fritz_O said...

"...our economy has 'turned' the corner."

Would that be the same corner that prosperity is just around?

Stagflationary Mark said...


Our prosperity is turning circles.

Fritz_O said...

True story:

When I was in high school I saw JP in concert. Several years later my university graduation ceremony was held in the same auditorium.

I was handed my Comp. Sci. degree by the university president in very nearly the exact same spot where Rob Halford was once "Screaming for Vengence"!

Crazy world isn't it?

Stagflationary Mark said...


It is a crazy world!

I also saw JP in concert, only I saw them in college.

I was right up close. In hindsight, perhaps too close to the speakers.

I was in the parking lot after the show attempting to start my car. It wouldn't, or so I thought. It actually did start, I just couldn't hear it.

Once I figured that part out, the car started shaking side to side. A new mystery appeared.

Turns out a friend from high school spotted me and was pounding on my driver side window to get my attention.

My world was totally rocked that night, lol.

True story!!