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Can someone who understands economics better than I do explain this? It looks interesting..

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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 09:06 PM
Original message
Can someone who understands economics better than I do explain this? It looks interesting..
I would copy some text but it's almost all graphs that *almost* make sense to me..

http://www.ritholtz.com/blog/2011/09/how-different-is-this-consumer-credit-cycle/

Oh, and this is teh awesome:

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
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LoZoccolo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-22-11 09:14 PM
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1. A lot of times when people are that pre-emptively defensive, I get suspicious.
Edited on Thu Sep-22-11 09:16 PM by LoZoccolo
It's pretty much the opposite of my one-liner threads, one of the purposes of which can be to show enough confidence in my point of view to not decorate it with emotional appeals, and to allow my opponents to discredit themselves by making manipulative tactics like dodging the subject more apparent.
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