Thursday, December 26, 2013

A simple subtraction

Subtract consumer debt from GDP:

Graph #1: GDP less Consumer Debt
I know, it's a flow minus a stock. A flow minus a stock. But I'm not drawing any conclusions here, except it's a surprising picture.

Same graph, but log of values:

Graph #2: Natural Log of (GDP less Consumer Debt)
How straight those trends are!

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