Click to enlarge.
The danger zone represents periods where the change in net worth over a given year actually exceeds all wages and salaries for the year. Here is a comprehensive list of the periods when that has happened.
1. The late 1990s (dotcom prices only go up bubble).
2. The mid 2000s (housing prices only go up bubble).
3. The early 2010s (nothing bad ever happens in ZIRP bubble).
You don't have time to think up there. If you think, you're dead. - Maverick, Top Gun (1986)
As always, this is not investment advice. That said, "Holy @#$%, it's Viper!"
Source Data:
St. Louis Fed: Custom Chart
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Posted by: Tukiyooo
The Danger Zone (Musical Tribute) Updated at :
7:12 PM
Thursday, January 23, 2014
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