Tuesday, December 25, 2012

Something to Feast Your Christmas Eyes On


Click to enlarge.

NAFTA couldn't get us to 100%? Shocking! Shocking I tell you.



What Christmas would be complete without a feast, a chart, an exponential trend failure, some sarcasm, and a video?

Source Data:
St. Louis Fed: Custom Chart

5 comments:

Stagflationary Mark said...

I had some time to kill while waiting for Christmas dinner to be served.

I figured it would take me about 5 minutes to find an interesting exponential trend failure. On the one hand, I didn't give myself much time. On the other hand, the economy generates so many of them, lol. Sigh.

Christmas Day gallows sarcasm for the win!

Craig M. Brandenburg said...

This post's chart looks like the beginning of the second half of a logistic curve, which I think of as “an exponential curve for the real world.” Turns out there's nothing wrong with our economy—we merely need to transfer it to a bigger petri dish.

Fritz_O said...

Logistic Curve:

"...as saturation begins, the growth slows, and at maturity, growth stops."

Spot-on synopsis of the American version of a capitalistic system.

If our .gov would just settle for being handmaidens to markets we'd be okay. But they won't, they want so much more. Monopolies, Oligopolies.

The concentration of eCONomic power leads to undesireable results, limited supply, high prices, excessive profits. Technology and globalization were supposed to erode market power and concentration.

If you're in .gov and concentration becomes eroded, simply march in a crisis and, 'viola, problem solved.

Stagflationary Mark said...

Craig M. Brandenburg,

Turns out there's nothing wrong with our economy—we merely need to transfer it to a bigger petri dish.

Said one locust to another! ;)

Stagflationary Mark said...

Fritz_O,

If you're in .gov and concentration becomes eroded, simply march in a crisis and, 'viola, problem solved.

Fiscal gliff! ;)