Debt Rattle Mar 18 2014: The Deep Dark Forest And The Crippled Trees

[Raúl Ilargi Meijer]

Theodor Horydczak Snow Globe 1935 Alright, alright, let’s do a little timeline again first. It’s common knowledge by now that Khrushchev gave the Crim
[See the full post at: Debt Rattle Mar 18 2014: The Deep Dark Forest And The Crippled Trees]

[Ken Barrows]

The Bloomberg article mentions the USA reliably growing at 3% per annum. It doesn’t seem to mention that total credit market debt went up more robustly.

I think if you are a mainstream economist your assumption is that debt growth can exceed output growth forever. It’s unstated, however.

[Raúl Ilargi Meijer]

Yeah, exactly, Ken, this graph from a while back depicts that quite well:

[Author]

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