The Bankwatch

Tracking the consumer evolution of financial services

How far has the economy really come since 2008?

This rather complicated image from here is actually quite telling if you take a minute to study.  The black line is the supposed normal long run level for each indicator.  The red line indicates when QE began in 2009, and the blue is where we are today.

In summary not much has changed and despite the month to month improvements, the relative improvement to where we were prior to 2008 is immense.

Written by Colin Henderson

June 20, 2013 at 22:51

Posted in Uncategorized

2 Responses

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  1. Is immense? Doesn’t look like much change.

    Observer

    June 21, 2013 at 05:43

  2. […] Complete story at source: The Bankwatch thebankwatch.com/2013/06/20/how-far-has-the-economy-really-come-since-2008/ […]


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