With the hundreds of features on Slope, it’s easily to forget some amazing data sets, including our economic database. I thumped through my favorite charts from this collection and present them below.
Here is a very long-term view of manufacturing in the U.S. I think even a five year old child would state that we’re heading lower, considering the massive and regular pulse of the cycles seen here.
Speaking of lower, take a look at how the trade balance is going: a gargantuan price, just to borrow some words from your hero, “unlike anything we’ve ever seen before.” As he also might say, I suspect the recession ahead is going to be “very, very special.” Because third grade vocabulary.
The Fed is your friend! Don’t believe me? Well, imagine how much higher your salary is than your dad’s! He’d have LOVED to make that kind of dough! Pretty soon, we’ll all be earning seven figures a year, thanks to the endless CPI growth.
And here’s a similar take on inflation, thanks to Jerome to all his chosen predecessors. This, in particular, is what it costs to rent a place to live.
Lastly, remember the whole “learn to code!” schtick from a few years ago? What a joke. The poor bastards getting C.S. degrees are going to find themselves utterly unemployed, because everyone from Microsoft on down is going to just have AI do all the coding, with just a couple of human supervisors. Being a computer programmer is going to be as useful as being a keypunch operator.
