funny pictures from Rosenberg

this is not an argument. rather background information.
dynamics of individual indicators through 33 months after the start of the recession.

this is in support of the thesis about the atypical recession.
ie. we don't:

* cyclic overheating deflated by growth % (treatment: reduction of rates)
* Keynesian recession (treatment: stimulating aggregate demand)

we have both + бабл (not only in assets, but also in fundamental processes).

hence several options for several years:

* total monetization of debts
* agonizing unstable growth

and we still need:

* structural reforms
* correct balancing between “creative destruction” and smooth control of this process

  Redeeming failures.
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