tag:blogger.com,1999:blog-2098432983500045934.post5203133728289442091..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: I tweaked Troy's graph...The Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2098432983500045934.post-86100282398267216392014-03-18T04:27:04.617-04:002014-03-18T04:27:04.617-04:00"Graph 2 - the only time CMDEBT runs consiste..."Graph 2 - the only time CMDEBT runs consistently above PAYEMS is 2000 up to the crash."<br /><br />Jazz, I didn't notice that. But you are right. I also think you're right that it means something important. This fits together nicely with your answering Steve Roth's question.<br /><br />I have a follow-up post, today's post, 18 March, that has a perhaps more useful version of that graph.<br /><br />I'm not sure how Jim and State of Thought's comments on your post tie into this, except that the problem may be broader than equity extraction alone. Still, you have grasped either the leading edge of it or a conceptual device that moves understanding forward.<br />The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-31340285727997942082014-03-18T00:00:39.250-04:002014-03-18T00:00:39.250-04:00Graph 2 - the only time CMDEBT runs consistently a...Graph 2 - the only time CMDEBT runs consistently above PAYEMS is 2000 up to the crash.<br /><br />I think that means something important.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.com