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Saturday, July 14, 2012

The demand of 2001-2006 was ginned up via the consumer debt bubble

The demand of 2001-2006 was ginned up via the consumer debt bubble.
This one:
St. Louis Fed: Series: CMDEBT, Household Sector: Liabilites: Household Credit Market Debt Outstanding


Perot in 1992 was right. And the rest of the system has gotten even more predatory since 1992:


Graph: Consumer Price Index for All Urban Consumers: Medical Care (CPIMEDSL)+Consumer Price Index for All Urban Consumers: Rent of primary residence (CUUR0000SEHA)-200 - FRED - St. Louis Fed

Shows rents and medical costs are up 150% since 1995.


Production vs. Jobs
"ain't that a bitch"


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