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The Scariest Chart Ever

SoupNazzi

Shared on Mon, 01/26/2009 - 20:47

Dating from 1919 to December of 2007 and the bottom chart, December of 2008.

Top Chart:  (Billions of Dollars) = Single Digits

Bottom Chart (Billions of Dollars) = Triple Digits.


Comments

TheDastard's picture
Submitted by TheDastard on Mon, 01/26/2009 - 21:00
Looks like the Global Warming CO2 Curve. That's it...federal borrowing causes Global Warming!
Speedbump's picture
Submitted by Speedbump on Mon, 01/26/2009 - 22:15
Nope. Never saw those graphs. Sanity maintained. Never... saw... graphs...
NormalGuy's picture
Submitted by NormalGuy on Tue, 01/27/2009 - 05:36
Its been a while, but my memory tells me that this is much ado about nothing. I don't have the energy to look up the specifics, but basically, there was a rule around our borrowing.....this rule change caused the graph that you show at the bottom. Realistically: borrowing really hasn't increased that much of late. But some technical aspect of the borrowing changed so the graph is legit but severely misleading. NG
Zikan's picture
Submitted by Zikan on Tue, 01/27/2009 - 13:07
That rule was probably Sarbanes-Oxley. They messed a lot of stuff up with that.

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