America's Course from a Recession to a Depression, With Graphs!

18 Jun

If you’re like me, you have to see something to believe it. The media says our economy sucks, but when you look around, people are spending just as much money as they did in 1997, maybe even more. Americans are still overweight, people are buying $80,000 cars, and we’re all acting like this recession isn’t real. Well now, instead of just hearing about our shitty economy, we can see how it compares to the Great Depression. It’s pretty scary at how closely we’re following the trends during the 1930s, and in some cases we’re doing worse. Get it in yo life…hope these graphs don’t ruin your day.

eichengreen_update_fig1

eichengreen_update_fig2

eichengreen_update_fig4

Hit the link for more graphs that will ruin your day

[Vox]

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