Click to enlarge.
When using natural logarithms, constant growth is seen as a straight line. We aren't seeing a straight line though. Instead, we're seeing a nearly perfect upside down parabola.
Over the long-term, this particular growth engine is done. Stick a fork in it.
The future's so bright I gotta roll over in symphony. (Pun intended.)
Source Data:
St. Louis Fed: Custom Chart
Advertisement
You have just read the article News for today's that category by title Revolving Credit vs. Disposable Personal Income (Musical Tribute). You can bookmark this page with a URL http://news-these-days.blogspot.com/2013/09/revolving-credit-vs-disposable-personal.html. Thank you!
Posted by: Tukiyooo
Revolving Credit vs. Disposable Personal Income (Musical Tribute) Updated at :
9:20 PM
Saturday, September 21, 2013
Post a Comment