andrewducker (
andrewducker
) wrote
2009
-
02
-
12
08:25 am
All about the photos
Taking inflation into account:
and
Cheers to
sarahs_muse
for both.
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andrewducker
2009-02-12 11:40 am (UTC)
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Well, I find meaning in knowing that it's costing more than recovering from previous recessions/depressions (bearing in mind that comparing them is difficult, situations change, etc.). If you don't then that's fine.
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robhu.livejournal.com
2009-02-12 12:25 pm (UTC)
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It costs more in inflation adjusted money, but is that a very useful way of doing a comparison or is it far too much of a simplification?
Would % of GDP be a better comparison for instance?
I have a strong
suspicion
that the information presented in your post is correct but extremely misleading.
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matgb
2009-02-12 03:40 pm (UTC)
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IAWTC.
The second graph is very useful, although again it's a different type of crisis to a normal recession so direct comparisons don't necessarily apply.
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andrewducker
2009-02-12 03:49 pm (UTC)
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Head over to
http://www.fivethirtyeight.com/
for a discussion of this graph and similar...
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Would % of GDP be a better comparison for instance?
I have a strong suspicion that the information presented in your post is correct but extremely misleading.
no subject
The second graph is very useful, although again it's a different type of crisis to a normal recession so direct comparisons don't necessarily apply.
no subject