tag:blogger.com,1999:blog-11719208.post6563191494719781824..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Most misunderstood chart of all timeTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11719208.post-25790059119358994402008-11-11T14:18:00.000-08:002008-11-11T14:18:00.000-08:00Can you imagine what that graph might look like if...Can you imagine what that graph might look like if our GDP starts dropping? Of course, I don't think the government accounts for inflation properly so the debt build-up is likely worse than it appears in the graph.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-60398015431082976782008-11-11T14:09:00.000-08:002008-11-11T14:09:00.000-08:00Tim - you should check out Steve Keen's debtdeflat...Tim - you should check out Steve Keen's debtdeflation blog.Adam2https://www.blogger.com/profile/03710514839937913226noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-71857704133643636912008-11-11T10:47:00.000-08:002008-11-11T10:47:00.000-08:00With regard to both debt to GDP and savings, we ar...With regard to both debt to GDP and savings, we are beginning the crisis in a far weaker state than in 1930. Also, the constraints on currency devaluation are similarly weaker. I am trying hard to understand the deflation argument but cannot see how this concludes with a strong dollar.Anonymousnoreply@blogger.com