yes an interesting chart, and what i see is that while it's not falling off a cliff, it's running towards it. thanks
For some people who can't find Industrial Production: Manufacturing on FRED: Does anyone see it running to a cliff? Does anyone see Jesus anywhere on the graph?
We are still in a recession..... Everything being propped up the last 7 years is nothing but an illusion set up by the fed and their trillions and trillions of dollars to keep the game going ....there isn't any growth left so the fed has to create growth by handing out worthless trillions.....no one notices it now but when the next crisis comes along all your questions will be answered.
Ok, but remember wars are far more damageable than recessions. Since Dow Jones was created, we faced 2 world war, 1 cold war, terrorism attacks, multiple global recessions, techno bubble burst, subprimes crisis, Gold standard crisis, oil crisis, AIDS, H1N1, etc. And Dow is always back on track. That is why Dow Jones will be still up, as long as there will be a stock market. CM
They definitely can last decades. I believe that a "CRISIS IN FAITH OF THE U.S. DOLLAR" and therefore a crisis of faith in our government, will create demand for tangible things that have intrinsic value to be not that far off. Faith in paper will diminish more and more...I like precious metals and agriculture...they'll hold value in a depression and soar during high inflation. The tough part of this theory...the first signs of crisis will move the U.S. Dollar much higher because of its "safe haven" status.