Gross Private Domestic Investment is falling off a cliff
I’ve seen this graph at both Mises Economics Blog and Zero Hedge today. This is an important component of GDP. GDP is C+I+G+NX (consumption, investment, government, net exports), and I is this graph minus depreciation. In terms of percent change from a year ago, we’re experiencing a decline we haven’t seen since the 50s. In absolute terms, we’ve never seen a decline like this.
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mopostal liked this
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gilmoure reblogged this from moorewr and added:
Guns and butter, man. Time to stock up!
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gilmoure liked this
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chart-o-doom reblogged this from soupsoup and added:
This certainly qualifies as a Chart o’ Doom (also, that’s the second time I’ve misposted. Apologies)
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soupsoup reblogged this from crazynutjob
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moorewr reblogged this from crazynutjob and added:
all those institutions that have stepped up buying government bonds? That they’re afraid to put their money in
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moorewr liked this
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crazynutjob posted this
