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We better hope that the trend line in red is not an accurate prediction of the future.
This post inspired by Thursday Grabbag as seen at MaxedOutMama.
See Also:
Trend Line Disclaimer
Source Data:
St. Louis Fed: Custom Chart
ICE: Mortgage Delinquency Rate Increased Year-over-year in October
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From ICE: ICE First Look at Mortgage Performance: Serious delinquencies hit
17-month high while foreclosure activity remains historically muted
• At 3.45% ...
2 hours ago
7 comments:
The trend line is a 2nd order polynomial (which can also be used to accurately predict the flight of a ball that's under the influence of the earth's gravity).
Veeedy eeenteresting! The rise and fall of feminism can be modeled with a 2nd-order polynomial.
Seriously, that's what it would take for your projection to come true--massive drop-out of women from the workforce. Of course, the Boomer retirements may give a boost to the projection, as well. That is, if their pensions hold up.
Neil,
Seriously, that's what it would take for your projection to come true--massive drop-out of women from the workforce.
Or men!
February 5, 2012
The Exponential Decay of Male Workers (Musical Tribute)
It is one thing to have an exponential trend failure when there has been exponential growth. It is another thing entirely to have an exponential trend failure when there has been exponential decay. Note how far below the trend line we currently are. That's just sad.
I don't even want to contemplate a world in which essentially every American male is sitting on the couch at home, watching General Hospital and picking Cheetos dust out of his belly button.
Neil,
LOL! I'm livin' the dream. ;)
(In all seriousness, I've been doing a lot of hiking this month.)
Mark, the pessimistic case is that the trend line is an optomistic projection of future employment.
Who Struck John,
The chart implies that our luck is running out.
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