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I'd say we left it in 1995.
Source Data:
St. Louis Fed: Custom Chart
Friday: No Major Economic Releases
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 10:00 AM ET, *University of Michig...
5 hours ago
12 comments:
OT: saw this today and thought you and Troy could relate --
http://www.slate.com/articles/technology/technology/2012/08/brogrammers_wanted_kixeye_s_hiring_strategy_caters_to_male_fantasies_.single.html
Watch the video. It's my point not the lame-@ss hand-wringing in the article.
There are some interesting insights into the impact of debt to GDP, housing, employment and stocks. The relevant part is from minutes 13:29 to 16:35.
The earlier part of the video describes the background (warning calculus) but the key point is that the accelerate of the debt (change in change of debt) is what drives the change in employment, GDP, stocks/houses and other assets prices. That is the change in GDP correlates to change in the change of the debt (acceleration).
I thought it was an interesting insight and you want to look at this - as when debt is decelerating it foretells that the economy is slowing down.
If only we could have "negative" ff-rates! Then we could have really high stock prices and we'd all feel really, really, really effing wealthy. I'm guessing that even Warren Buffett would start splurging at his local mall.
AllanF,
The video is hilarious! Two thumbs up!
I'm not sure the ad is 100% original though. I was instantly reminded of one of my favorite old school video games. I think it might have something to do with the music! ;)
jeff,
Link?
mab,
If only we could have "negative" ff-rates! Then we could have really high stock prices and we'd all feel really, really, really effing wealthy.
Yes! Unfortunately...
Black Hawk Down (Main Theme)
Sorry the link to the video. Not sure what happened.
http://www.youtube.com/watch?v=UzxQcTOs4JA
I remember Mountain King. I wanted it so bad back then. Parents never got it for me. I always had to play it at a friend's house.
Wow, is it painful to look at now. I've been ruined on video games ever since you (or was it MOM) posted the video of the dog and his automatic tennis ball throwing machine. I can't help thinking I'm the dog chasing tennis balls.
jeff,
I watched the video (13:29 to 16:35) and am a believer in the theory.
AllanF,
I was in college when Mountain King came out. Lucky me! ;)
When it comes to video games, I *always* feel like a dog chasing tennis balls, lol. (I don't believe it was me who posted the video.)
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