I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
I nearly named this post...When "Sure Things" BreakThe data was following that blue trend line extremely predictably right up to the point it wasn't.
That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.Here are more examples:AvalancheEarthquakeVolcanic Eruption......T-bill rates?Who knows?
Mr Slippery,Camel's back! ;)I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.Just an opinion!
Look at the raw data.It's the damned Loch Ness Monster.http://research.stlouisfed.org/fredgraph.png?g=cOfJzB
Jazzbumpa,Damn it! Gridlock-ness Monster! ;)
I nearly named this post...
ReplyDeleteWhen "Sure Things" Break
The data was following that blue trend line extremely predictably right up to the point it wasn't.
That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.
ReplyDeleteHere are more examples:
Avalanche
Earthquake
Volcanic Eruption
...
...
T-bill rates?
Who knows?
Mr Slippery,
ReplyDeleteCamel's back! ;)
I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.
Just an opinion!
Look at the raw data.
ReplyDeleteIt's the damned Loch Ness Monster.
http://research.stlouisfed.org/fredgraph.png?g=cOf
JzB
Jazzbumpa,
ReplyDeleteDamn it! Gridlock-ness Monster! ;)