Welcome new reader!

Financial news I consider important, with my opinion, which is worth as much as you paid for it.
Please click HERE to read a synopsis of my view of the financial situation.

Friday, February 19, 2010

Depressing historical statistics for last 20 years

Mish has a good article titled Law of Diminishing Returns of Credit Expansion, I recommend as a must read. I borrowed one image that speaks volumes below. Notice in the last 20 years job growth has halted, personal wealth, GDP, and S&P 500 growth is on the decline.

From WebSufinMurfs FinancialBlog2


No comments:

Post a Comment