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Friday, July 8, 2011

Another Lost Decade

Mish's analysis of the latest economic report (which by the way surprised everyone but him) is full of fabulous charts and graphs, including the kind everybody can appreciate: A Lost Decade in full swing and getting worse.

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I don't guess it is proper to say I "like" posting up lost decade graphs, but they do illustrate a point: this economy is in depression, still, and when it gets worse it will be a

(wait for it)

double dip.

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The last link is different now. The Dow Jones index is up about 8% in the last decade- not horrible. The S&P index however . . .

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