This graph...
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| THEIR GRAPH |
looks a lot like this graph:
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| MY GRAPH |
A bunch of wiggles on the left, then a point after which the line just takes off and goes up and up and up, and we just know it must be a bad thing.
Yeah...
But their graph is a projection. An estimate. A forecast, you know, like the weather forecast: probably wrong. My graph is a picture of something that actually happened.
Mine is a picture of the growth of private debt, and the stability of government debt.
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