THE Most Important Chart of the CENTURY

Discussion in 'Chit Chat' started by W4rl0ck, Mar 21, 2010.

  1. W4rl0ck

    W4rl0ck

    "THE Most Important Chart of the CENTURY

    The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that does not consider this non-linear relationship of DEBT and phase transition is destined to fail.

    It explains the "jobless" recoveries of the past and how each recent economic cycle produces higher money figures, yet lower employment. It explains why we are seeing debt driven events that circle the globe. It explains the psychological uneasiness that underpins this point in history, the elephant in the room that nobody sees or can describe."

    http://www.swarmusa.com/vb4/content.php/282-THE-Most-Important-Chart-of-the-CENTURY
     
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