Illusion of Prosperity: Brace for Financial Pain

Monday, August 13, 2012

Click to enlarge.

All I'm trying to say is that there were probably better times in all of recorded history to swing for the fences.

Source Data:
FRB: Flow of Funds Accounts of the United States

Mr Slippery said...: Amazing how fast it recovered in just 10 years. People really love their financial assets in the new century. It has a bubbly look, but what do I know? Maybe the ratio will hit 3.0 before it comes down again.; August 13, 2012 at 3:01 PM
Stagflationary Mark said...: Mr Slippery,

I'd say we're due for a nice 1982 to 2000 style prosperity wave.

Did I say due? I didn't mean to imply that there was a debt owed.

100% optimism here. Yes, sir.; August 13, 2012 at 7:15 PM
Who Struck John said...: If by "due" you mean after a 3 year plummet that makes the 2008 recession look like a mere hiccup, then I agree with you. That's what your graph says to me, anyway.; August 13, 2012 at 8:34 PM
Stagflationary Mark said...: Who Struck John,

Intractable hiccups - they persist for longer than one month.

I don't even know why I bring it up.; August 13, 2012 at 10:29 PM

Illusion of Prosperity