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Click to enlarge.
Stick a fork in it. This trend is over.
Source Data:
St. Louis Fed: Custom Chart
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
8 hours ago
4 comments:
Certainly in line with gas usage stats.
Stunning.
Roll on higher MPG, electrics, and a few more CNG stations, and we might not see that Mad Max future after all.
Then again it's the high gasoline prices forcing people to economize. Lord knows I don't take the car out any more unless I've got two things to do.
700 miles travelled in the past 4 months. My engine has 10,000 miles on it, at this rate it will outlast me.
oh yeah, this is p/c.
http://i.imgur.com/5Mc9f.png is an interesting chart of Japan's population prospect this century.
Note how the greenies -- age 65+ -- is an s-curve and the Japanese are more than halfway through this transition already.
Also note how their capita is going down from here!
As the purple people disappear, the survivors are going to have to shoulder more & more social welfare costs. But the upside of this welfare burden is that this money is spent right back into the economy, something that should help their deflation I hope.
Here's a ghetto chart of the US:
http://i.imgur.com/Zfmap.png
No friendly decline here! Not quite as bad as India's coming die-off, but the Census expects relentless growth across the board.
Just when I hit retirement age the number of old farts will finally outnumber the number of kiddies.
This is a ~160M-person support burden poor Gen Y is going to have to carry then, LOL.
Between 2010 and 2050 the US population is set to grow 50%!
If I live to see 2050 (and I should), I'm thinking I'm going to want to be in Japan again, LOL.
TJandTheBear & Troy,
Charts like this one are NOT just what the malls are looking for this Christmas season (and many Christmas seasons to come). D'oh!
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