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Monday, January 9, 2012

This Is Really Interesting!!

 If you read The Great Recession Conspiracy, you know that the Business Cycle is driven by psychology.  When everyone starts thinking everything is going to get better, it does.  So this graph on consumer debt is either very encouraging, e.g., the recession is over, or very depressing, e.g., people are so desperate they are going into hock to stay alive.

What do you think?

 


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