Wednesday, August 7, 2013

The 1980s and 1990s Are Over


Click to enlarge.

Welcome to the era of the new normal.

Source Data:
St. Louis Fed: Custom Chart
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2 comments:

dd said...

Welcome to the post "irrational exuberance" that never really was but for Greenspan's continual propping up of favored assets with lower interest rates and lower margin requirements; and convincing delusional Americans that the road to riches was more credit and lower wages. Genius.

August 7, 2013 at 7:09 PM
Stagflationary Mark said...

dd,

September 18, 2007
Suze Orman vs. Warren Buffett

Fabulous economy. Best that we've had in forever, almost. - Suze Orman, April 2000

If we can sustain this climb, then the economy of the 2010s will be the best we've had in forever too!

"Come on! Baby needs a new pair of shoes!!!"

Gallows humor.

August 7, 2013 at 7:39 PM

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