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Today's Exponential Chart Of The Day: IMF Edition

Tyler Durden's picture


This chart needs no introduction... or explanation.

Courtey of John Lohman


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Wed, 07/13/2011 - 16:05 | 1453324 Mongo
Mongo's picture

Infinity and beyond!

Wed, 07/13/2011 - 16:21 | 1453402 spiral_eyes
spiral_eyes's picture

in reality, there is no infinity. in reality, the u.s. will die long before we get any further up the curve.

Wed, 07/13/2011 - 16:27 | 1453433 max2205
max2205's picture

be dead anyway

Wed, 07/13/2011 - 16:56 | 1453557 nope-1004
nope-1004's picture

I have a simple solution:

Redefine Public Debt.  There - done.  FASB did it to the banks.  Biden wants to do it to the CPI.

Why not here?  Just call public debt something like off balance-sheet previously instigated monetary obligations.

Carry on - nothing to see here.


Wed, 07/13/2011 - 17:03 | 1453592 Quantum Nucleonics
Quantum Nucleonics's picture

Already done.  Fannie & Freddie debt held off balance sheet, $5 trillion worth, much of it crappy subprime mortgages marked at par.

Wed, 07/13/2011 - 18:28 | 1453926 masterinchancery
masterinchancery's picture

This chart doesn't include agency debt, 6-7 trillion already, so it is a Goldilocks scenario.

Wed, 07/13/2011 - 22:21 | 1454746 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Dude, you stole my avatar!!!

Wed, 07/13/2011 - 17:59 | 1453839 Chappaquiddick
Chappaquiddick's picture

Nationalise all US gold mines. Revalue gold to $10M / toz and settle all debt obligations in gold.  Further metal production should meet future spending needs.  Problem solved....oh yeah abolish the Fed and incarcerate those fucking bankers - all of 'em.

Wed, 07/13/2011 - 23:17 | 1454891 Anonymouse
Anonymouse's picture

Nationalize private property! Brilliant idea Hugo. How are those cancer treatments coming along?

Thu, 07/14/2011 - 10:05 | 1455800 GoinFawr
GoinFawr's picture

Definitely, sell it to MEEEEEEEEEEEEEE! I'll give you pennies on the 'strong dollah', honest! Hahahhahahahaha!

Wed, 07/13/2011 - 16:32 | 1453447 sbenard
sbenard's picture

LOL! and don't forget the corrollary:


"Parabolic up..., parabolic____________"

I think we can all fill in the blank!

Wed, 07/13/2011 - 16:35 | 1453460 What does it al...
What does it all mean's picture

There is no such thing as a parabolic down for debt.  The deficit is the difference between revenue/taxes and cost/spending.


The debt is a perpetually increasing function.  So we need to increase revenue at the same rate or decrease spending.  The welfare and quality of life for Americans can go parabolic down, but no such luck with debt.

Wed, 07/13/2011 - 16:58 | 1453566 malikai
malikai's picture

Have you ever heard of 'default'?

Wed, 07/13/2011 - 17:25 | 1453692 Zap Brannigan
Zap Brannigan's picture

Well... is a slope of negative infinity technically "parabolic," or is it something closer to "there is no spoon," "Leeloo Dallas multipass," etc?

Wed, 07/13/2011 - 17:41 | 1453740 What does it al...
What does it all mean's picture

Honestly, all political theater aside... What is the difference between 14 Trillion, 24 Trillion or 34 Trillion in debt?  Can anybody really understand Billions, much less Trillions.  American debt was near this level for a LONG LONG time, not just the last 3 years.

The train left the station back around 1970s when Nixon had to pay for Vietnam... if we survived from 5 Trillion to 14 Trillion. (roughtly from 2000-2011), what is another 10-20 trillion?  Does it truly matter?  Unless the market price in default.  (And it certainly  hasn't, S&P from 1350 to 1300 doesn't count, S&P at 750, maybe.)  It is an binary step function.  Now, debt at 24 Trillion is irrelevant to Americans.  Interest rate at 15% is material and it is deadly....

So, all this, will go away...  by Aug 2nd, and technically, America has had government shutdowns before, but never default.  And we will nuke something before we default.  Not to say that we won't default, but we will definitely nuke somebody first.

I don't think anybody here, in government or alive can truly understand the scale of a 14 Trillion debt.  My point is that it is already bad, and all this is for show.


Wed, 07/13/2011 - 17:48 | 1453765 LeBalance
LeBalance's picture

pardon, felt my input was needed.

/misinterpretation of need corrected/

Wed, 07/13/2011 - 18:51 | 1453998 Manthong
Manthong's picture

This is a good attempt at some perspective.

And the pallets would be stacked 28 high to equal the $14T dollar debt number.

Wed, 07/13/2011 - 18:58 | 1454023 masterinchancery
masterinchancery's picture

Wrong. US debt was less than 1 trillion only 20 years ago.

Wed, 07/13/2011 - 20:54 | 1454436 RockyRacoon
RockyRacoon's picture

...we will definitely nuke somebody first.

We'll nuke ourselves and then start pointing bony fingers at others.

False-flag, bitchezzzzz!

Wed, 07/13/2011 - 20:54 | 1454437 RockyRacoon
RockyRacoon's picture

...we will definitely nuke somebody first.

We'll nuke ourselves and then start pointing bony fingers at others.

False-flag, bitchezzzzz!

Wed, 07/13/2011 - 16:37 | 1453471 spiral_eyes
spiral_eyes's picture

the correct answer is aggregate demand, because bernanke says aggregate demand is the name of the game, and parabolic aggregate demand is the superior economic condition. i think we should let our genius central bankers (bernanke must have an iq of at least 250, how else would he be given the job?) take care of monetary policy, and we should get back to shopping at wal mart, eating corn syrup and drinking delicious fluoride water.



Wed, 07/13/2011 - 16:58 | 1453560 rsnoble
rsnoble's picture

No, nukes will be dropping and skynet will be destroyed before the 2nd half outcome can be charted.  So even when we're dead the chart will only read parabolic up.  It never ends.

Wed, 07/13/2011 - 17:00 | 1453573 malikai
malikai's picture

The radiation will kill the computers, too.

Wed, 07/13/2011 - 18:18 | 1453887 Hard1
Hard1's picture

Kind of agree, the only thing that backs the USD is a nuclear arsenal (or nucular as Bush used to say)

Thu, 07/14/2011 - 07:23 | 1455357 Bob Paulson
Bob Paulson's picture


I'm expecting a 61.8% fibonacci retracement at some point when governments start to collapse :)

Wed, 07/13/2011 - 16:07 | 1453326 baby_BLYTHE
baby_BLYTHE's picture

the laws of exponents are a bitch

Wed, 07/13/2011 - 18:05 | 1453853 hedgeless_horseman
hedgeless_horseman's picture

+ Xn

Wed, 07/13/2011 - 16:06 | 1453329 Nolsgrad
Nolsgrad's picture

I like pretty pictures :D

Wed, 07/13/2011 - 16:06 | 1453332 Stuart
Stuart's picture


Wed, 07/13/2011 - 16:07 | 1453334 Joe Davola
Joe Davola's picture

When I was grading papers as a grad assistant if the students claimed a curve was exponential but they didn't plot it on a log scale, they lost points.  Didn't want to do it, but felt I owed it to them.

Wed, 07/13/2011 - 16:14 | 1453373 Joe Sixpack
Joe Sixpack's picture

Seems silly to me. An exponential function is what it is regardless of what scale you plot it on.

Exponential function on a linear scale increases rapidly and non-linearly. On a log scale it looks linear.


I think the linear scale gets the idea across to non-technical people much better.

Wed, 07/13/2011 - 16:37 | 1453475 What does it al...
What does it all mean's picture

I agree with the graduate assistant, see my previous post.  The graph is a natural result of math, and that is just another tool used by all sides to skew their argument.

Still, it is a pretty chart, though.

Wed, 07/13/2011 - 16:52 | 1453545 Cheesy Bastard
Cheesy Bastard's picture

We used to call this a "boner" chart.  If he's not careful, we will soon be calling it a "Boehner" chart.

Wed, 07/13/2011 - 16:35 | 1453466 WonderDawg
WonderDawg's picture

The most important decision you have to make is what do you stand for Danny- goodness, or badness.

Wed, 07/13/2011 - 17:25 | 1453687 Quackking
Quackking's picture


Wed, 07/13/2011 - 17:27 | 1453698 WonderDawg
WonderDawg's picture

Always love a good Caddyshack reference. How 'bout a Fresca?

Wed, 07/13/2011 - 17:30 | 1453709 sdmjake
sdmjake's picture

'You'll get nothing and like it!"

Wed, 07/13/2011 - 20:23 | 1454334 Manthong
Manthong's picture

It's easy to grin
When your ship comes in
And you've got the stock market beat,
But the man worthwhile
Is the man who can smile,
When his shorts are too tight in the seat.

-Judge Smails

Wed, 07/13/2011 - 22:11 | 1454712 SoNH80
SoNH80's picture

"Where'd you come from?  A Scotch ad?"

Wed, 07/13/2011 - 20:58 | 1454454 StychoKiller
StychoKiller's picture

Fresca™ is THE MOST God-awful swill I ever tasted!

Wed, 07/13/2011 - 16:08 | 1453336 drink or die
drink or die's picture

ship has been steered back onto course

Wed, 07/13/2011 - 16:38 | 1453479 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

Said the Captain of the Titanic to the First Mate

Wed, 07/13/2011 - 21:04 | 1454476 baby_BLYTHE
baby_BLYTHE's picture

She's made of iron, sir. I assure you she can sink...and she will.

Wed, 07/13/2011 - 16:08 | 1453337 downrodeo
downrodeo's picture

lookin' good to me!

Wed, 07/13/2011 - 16:26 | 1453422 Fish Gone Bad
Fish Gone Bad's picture


Wed, 07/13/2011 - 16:08 | 1453344 Sudden Debt
Sudden Debt's picture

Why didn't they print it in black and white?

Don't they realize colour prints cost more money?

what a waste of money...

Wed, 07/13/2011 - 16:09 | 1453345 oogs66
oogs66's picture

let's just stick with the CBO baseline then everyone can be happy :)

Thu, 07/14/2011 - 06:47 | 1455314 Urban Redneck
Urban Redneck's picture

Let's look at the history of IMF cost projections to debtor nations instead - if the IMF says "it is going to cost x and your country only a little fucked" then that can be reasonably reliably interpreted as actually meaning "it is going to cost 5-10x and you should hedge by either going long lubricants or going long steel reinforced undergarments" 

Wed, 07/13/2011 - 16:11 | 1453352 plocequ1
plocequ1's picture

This chart needs no introduction... or explanation.

Yes it does.. Im color blind

Wed, 07/13/2011 - 16:38 | 1453478 Bay of Pigs
Bay of Pigs's picture

Make the colors GOLD and SILVER...

Wed, 07/13/2011 - 16:11 | 1453353 Yancey Ward
Yancey Ward's picture


Wed, 07/13/2011 - 16:11 | 1453354 Fiat2Zero
Fiat2Zero's picture

Phase 2 of the crisis:  "Broken Promises".  Where everyone is awakening to the fact that all of the promises made implictly (through fiat currency, a claim on future wealth), or explicitly (e.g. medicare, social security), are seen to be in conflict.  Not all promises will come true, so whose promise will be kept.

It will gradually dawn on everyone that none of the promises will be kept.

There will be great disillusionment at all levels of every society, globally.  If there's one thing you can do, beyond helping yourself and others, it's to help others deal with the grief of a dead illusion.  Beyond starving, that will be one of the hardest things for people to bear.

Wed, 07/13/2011 - 16:20 | 1453400 sbenard
sbenard's picture

I couldn't have said it better. May I quote you?

Wed, 07/13/2011 - 16:44 | 1453510 Fiat2Zero
Fiat2Zero's picture

Feel free.

Wed, 07/13/2011 - 16:13 | 1453361 There is No Spoon
There is No Spoon's picture

within 60 years the debt could go to zero if the U.S. defaults.

Wed, 07/13/2011 - 16:14 | 1453370 TruthInSunshine
TruthInSunshine's picture

The CBO should change the term 'baseline' projection to 'freebase' projection...


Wed, 07/13/2011 - 16:46 | 1453515 Fiat2Zero
Fiat2Zero's picture

Coffee through nostril warning should be attached to your comment.

Wed, 07/13/2011 - 16:15 | 1453374 km4
km4's picture

Ron Paul Exclusive: Who’s Regulating Washington?

money quote from Ron Paul....

“We have drifted because we had so much prosperity, but we can’t drift forever. We can’t live on borrowed money and printed money forever "

Wed, 07/13/2011 - 17:49 | 1453756 hedgeless_horseman
hedgeless_horseman's picture

The banks are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed which is run by the banks which are regulated by The Fed, etc.

That is not the strange thing.  What is strange is that everyone seems to be okay with such a blatant conflict of interest.  Carry on.  We deserve what is coming.

Wed, 07/13/2011 - 16:17 | 1453382 AldousHuxley
AldousHuxley's picture

come on say it with me boomer's children in USA: IMF = I am fucked

no jobs (that pay a real salary to support a family)

no education (or pay mortgage to get a sh!tty one)

no social security (when you retire)

no healthcare (but everyone else, poor, old, rich get one)

no house (unless your parents bought one)

no hope

no change

no growth

no future

no hope



good luck

Wed, 07/13/2011 - 16:32 | 1453445 InconvenientCou...
InconvenientCounterParty's picture

you forgot "no internal locus of control"

Wed, 07/13/2011 - 16:47 | 1453522 magpie
magpie's picture

but wonderful and interesting times ahead with several dozen million unemployable little emperors.

Wed, 07/13/2011 - 17:01 | 1453579 AldousHuxley
AldousHuxley's picture

true. all the attitude, none of the substance. That is the culture American elites have shaped for generations.

Wed, 07/13/2011 - 17:51 | 1453785 smore
smore's picture

I think you just found a silver lining!

"Yes we can!"

OK, let's see what you've got, millenials.

Wed, 07/13/2011 - 16:19 | 1453387 sbenard
sbenard's picture

Ie., "we're toast"!

Wed, 07/13/2011 - 16:32 | 1453449 Long-John-Silver
Long-John-Silver's picture

You can eat toast.

Wed, 07/13/2011 - 18:04 | 1453850 saulysw
saulysw's picture

We might be in a jam also. Maybe even a pickle. Quite a feast ahead.

Wed, 07/13/2011 - 16:20 | 1453395 skepticCarl
skepticCarl's picture

In less than three years, that chart will probably look like the "good ol' days" when we weren't supposed to hit 200% of GDP with our debt until after 2030.

Wed, 07/13/2011 - 16:20 | 1453396 TruthInSunshine
TruthInSunshine's picture

Recovery Summer(s) in the U.S., Europe, Japan (and China?)....



Kick the can of medicine that could be taken now up that exponential slope of hope!

Wed, 07/13/2011 - 16:20 | 1453397 spiral_eyes
spiral_eyes's picture

the only response i can produce is...



Wed, 07/13/2011 - 16:23 | 1453406 Atomizer
Atomizer's picture

Those folks at the IMF sure have some lofty goals.

Wed, 07/13/2011 - 16:26 | 1453424 RmcAZ
RmcAZ's picture

This is the most bullish chart I have seen in awhile.

Go long NFLX, LNKD, P, and GM.

Wed, 07/13/2011 - 16:27 | 1453425 treemagnet
treemagnet's picture

If you go out a bit more it'll do a loop-da-loop and finish with a stunning show stopper.

Wed, 07/13/2011 - 16:27 | 1453427 swissinv
swissinv's picture

now I know why ancient Greece coins show an "Eule(r)"

Wed, 07/13/2011 - 16:29 | 1453435 kito
kito's picture

that chart looks tame

Wed, 07/13/2011 - 16:34 | 1453456 Lowest Common D...
Lowest Common Denominator's picture

Collapse the real estate market well and good, wait 18 months for the banksters to finish doing their big zombie death scene, and we (the bulk of the US populous) are back in the saddle again.  It's only our glorious masters' refusal to envision a future that doesn't include rent-seeking slime getting paid whatever they feel they're worth whenever they feel they need it, performance be damned.  The jigs up.


I'm gonna run for congress.  Proof! that the end is nigh...

Wed, 07/13/2011 - 17:54 | 1453821 smore
smore's picture

The jig is up.

But will it be televised?

Wed, 07/13/2011 - 20:59 | 1454458 RockyRacoon
RockyRacoon's picture

LCD's picture appears to be a bit scrambled.

Wed, 07/13/2011 - 16:35 | 1453459 static
static's picture
The bottle stands as empty, as it was filled before Time there was, and plenty, but from that cup, no more Though I could not caution all, I still might warn a few Don't lend your hand to raise no flag atop no ship of fools
Wed, 07/13/2011 - 17:36 | 1453737 sdmjake
sdmjake's picture

Jerry Me!

Wed, 07/13/2011 - 18:02 | 1453844 static
static's picture

:) greatfully

Wed, 07/13/2011 - 18:02 | 1453845 smore
smore's picture

I got on a city bus and found a vacant seat,
I thought I saw my future bride walking up the street,
I shouted to the driver hey conductor, you must slow down.
I think I see her, please let me off this bus!

Wed, 07/13/2011 - 18:56 | 1454011 caerus
caerus's picture

ran into the devil babe

he loaned me twenty bills


Wed, 07/13/2011 - 16:35 | 1453461 Bowgett
Bowgett's picture

OT: Check out YUM's US numbers:


  • U.S. Division same-store sales declined 4% including declines of 5% at Taco Bell, 2% at Pizza Hut, and 5% at KFC.
  • Restaurant margin declined 4.4 percentage points and operating profit declined 28% due to $15 million of commodity inflation and a decline in same-store sales. Food inflation remains a headwind and we now estimate commodity inflation of approximately 7% for the full year. 

    Wed, 07/13/2011 - 16:40 | 1453488 TruthInSunshine
    TruthInSunshine's picture

    Even the beefy flavored wood pulp in Taco Bell's Beefy Grande Thingymabob is skyrocketing!

    Thanks, Bernank!

    Wed, 07/13/2011 - 17:54 | 1453810 hedgeless_horseman
    hedgeless_horseman's picture

    March 21, 2011

    SAN ANTONIO (AP) - Police say a San Antonio Taco Bell customer enraged that the seven burritos he ordered had gone up in price fired an air gun at an employee and later fired an assault rifle at officers before barricading himself into a hotel room.

    Read more:

    Wed, 07/13/2011 - 18:47 | 1453988 caerus
    caerus's picture

    lol!  I remember that! gf lives in SA.  It's cool though cuz Bernank and Barney Frank say there's no inflation.   Except possibly in fake beef.

    Wed, 07/13/2011 - 16:36 | 1453468 SimpleSimon
    SimpleSimon's picture

    Seeking a sugar daddy...check out my curves...

    Wed, 07/13/2011 - 16:39 | 1453486 carbonmutant
    carbonmutant's picture

    Who cares about 2020.

    We're trying to get to the end of this administration without a civil war...

    Wed, 07/13/2011 - 16:44 | 1453505 the not so migh...
    the not so mighty maximiza's picture

    2020 is the end of this administration after martial law is imposed.

    Wed, 07/13/2011 - 16:48 | 1453524 AldousHuxley
    AldousHuxley's picture



    23 Things They Don't Tell You About Capitalism

    Wed, 07/13/2011 - 16:50 | 1453532 Fiat2Zero
    Fiat2Zero's picture

    Goals for the next 4 years:

    1. Keep self and family alive.

    2. Don't shoot anyone (self-defense).

    Goal 1. takes precedence over goal 2. (a "nice-to-have").

    Wed, 07/13/2011 - 16:50 | 1453538 Roscoe
    Roscoe's picture

    For $16.80 you can buy a $100 Trillion Dollar Zimbabwe note. How long will it be before 16 yuan will buy a $100 Trillion US Fed Reserve note?


    Wed, 07/13/2011 - 16:51 | 1453544 Fiat2Zero
    Fiat2Zero's picture

    The blue line looks a little like today's action in Silver.

    Wed, 07/13/2011 - 16:54 | 1453550 davidhur
    davidhur's picture

    Does anyone know why the about $ 6 trillion of public debt owed by Fannie Mae and Freddie Mac is not included in the US federal debt? In my view these debts should be included thus pushing the US debt to GDP to 150% similar to Greece.

    Wed, 07/13/2011 - 17:09 | 1453623 CompassionateFascist
    CompassionateFascist's picture

    The usual creative bookkeeping. And there's plenty more off-budget debt sloshing around the Pentagon - black budget ops and etc. It's all a Ponzi, and to keep it going they lie incessantly. The flipside of the lie is the GDP figure: itself grossly inflated.

    Wed, 07/13/2011 - 16:54 | 1453553 falak pema
    falak pema's picture

    this looks like the projection Mao tse tung or Lenin made for the pursuit of happiness under communism...we know how the chart really evolved...

    Wed, 07/13/2011 - 16:58 | 1453562 Yardfarmer
    Yardfarmer's picture

    they oughta know seein' as how they and their cronies in the CBs are responsible for most of it.

    Wed, 07/13/2011 - 16:59 | 1453571 bernorange
    bernorange's picture

    Is 1000% a lot?  Because I'll probably be dead by 2070.

    Wed, 07/13/2011 - 17:00 | 1453575 mayhem_korner
    mayhem_korner's picture

    And the difference between the CBO baseline and the CBO alternative is...hold for it...a minor "tweak".

    Hysterical chart.  What decision process goes into determining how far to go out on the time-scale/X axis?

    Wed, 07/13/2011 - 17:09 | 1453619 slewie the pi-rat
    slewie the pi-rat's picture

    we shall march to the gamma of the newest nuclear-powered hi freek debt clock, as we walk the plank of time?

    Wed, 07/13/2011 - 17:01 | 1453577 OutLookingIn
    OutLookingIn's picture

    Must cheer up. Things could be worse.

    So, I did. And they are.

    Wed, 07/13/2011 - 17:06 | 1453614 AldousHuxley
    AldousHuxley's picture

    oh things can and will get much worse. austerity's downward spiral here it comes!


    Wed, 07/13/2011 - 17:29 | 1453708 falak pema
    falak pema's picture

    no way...Ben has declared QE-infinity is open house from now on.

    Wed, 07/13/2011 - 20:30 | 1454360 euclidean
    euclidean's picture

    I wonder what public debt would look like if the public had an opinion on which debt to make public. Sure Hank Paulson was thinking of the plebecites when issuing bailouts in 2008. I assume the Fed's Maiden Lane purchases factor into that lovely looking curve?

    Strange how a non-public institution like the Fed shares it's profits privately, and it''s debt's publicly.

    End the Fed? Are you sure you want to do this now? It is primed to share lot's of useless paper with eveyone. Perhaps the Fed is now simply the toilet bowl of the US Treasury instead.

    Wed, 07/13/2011 - 17:04 | 1453595 slewie the pi-rat
    slewie the pi-rat's picture

    i'm starting to get like my dad.  not that he's not a caring guy, but he's 93.  we'll be chatting about something and he'll get to:  really! what the hell do i care? 

    could this be a secret of longevity? 

    not to mention exponential debt conditioning, based on "evolution"?

    we're already to the point where sea shells are worth more than then FRN's.  what's next?  rocks as "assets"?   like carbon?   how about fuking flatulence?

    Wed, 07/13/2011 - 17:32 | 1453721 JohnG
    JohnG's picture

    There are edible rocks actually:;_ylc=X3oDMTIzaDRvMWRsBF9TAzc4NDcxNzI0MA...

    I guess you can concentrate farts and fuel a car?


    Wed, 07/13/2011 - 19:47 | 1454215 Bastiat
    Bastiat's picture

    how about fuking flatulence?

    Don't forget who run Bartertown! 

    Wed, 07/13/2011 - 21:09 | 1454493 RockyRacoon
    RockyRacoon's picture

    Slewie, your old man is onto something.  I well remember an interview by Michael Feldman (Whad 'Ya Know) with Quentin Crisp.  This was years before Crisp died.   Feldman asked him what the secret to happiness was.   Crisp replied with no hesitation, "A studied indifference to others."   There is much wisdom in that if some thought is applied to the statement.  He didn't say no concern at all, or total indifference.   The key word is "studied".   Some folks deserve our regard and some deserve none.   The skill is in determining the gradations.

    Wed, 07/13/2011 - 22:17 | 1454728 SoNH80
    SoNH80's picture

    Time to apply studied indifference to future generations of Americans.  They'll look like Liberians, with the lifestyles to match!  Huzzah!  (semi-sarc)

    Wed, 07/13/2011 - 17:06 | 1453611 Quantum Nucleonics
    Quantum Nucleonics's picture

    What would make this chart really interesting: 2 more lines, one showing the projected US tax revenue, and a second line showing interest on the accumulated debt.  I imagine they cross well before the right side of the chart.

    Wed, 07/13/2011 - 17:06 | 1453613 Byte Me
    Byte Me's picture

    Well -- everything's under control then, since these buttwipes "know" the future right out to 2080+.

    Are we paying these twats for this crapola when they couldn't even see the Great Recession coming?

    Oh, right..

    Wed, 07/13/2011 - 17:16 | 1453650 slewie the pi-rat
    slewie the pi-rat's picture

    only if we trust them, totally, this is the best case scenario.  this is the wealth we can build for our children and grandchildren and beyond, if we keep pretending everyone will always get paid back. 

    is there a problem?

    Wed, 07/13/2011 - 17:26 | 1453697 Byte Me
    Byte Me's picture

    is there a problem?

    Nope slewie, can't see a problem at all. Damn, that Kool-aid tastes good...

    Wed, 07/13/2011 - 18:20 | 1453896 slewie the pi-rat
    slewie the pi-rat's picture

    ummm...i've been freezing mine and enjoying them as suppositorieZ.

    buttwipes uber alles!

    Wed, 07/13/2011 - 18:11 | 1453866 smore
    smore's picture

    Any chart that projects more than two years ahead is a complete waste of bits/ink, unless it is demonstrating some mathematical impossibility. 

    Wed, 07/13/2011 - 17:14 | 1453645 PLove
    PLove's picture

    I vote we take a break from financial terrorism

    and enjoy the wonderful chemtrails waiting outside.


    With only a little wind, you'll hardly notice the ozone.








    Wed, 07/13/2011 - 17:30 | 1453714 Animal Cracker
    Animal Cracker's picture

    Blue and green shoots!

    That's good, right?

    Wed, 07/13/2011 - 18:08 | 1453859 saulysw
    saulysw's picture

    What about the fact that the value of the currency is an inverted version of the debt chart?

    Wed, 07/13/2011 - 18:28 | 1453929 slewie the pi-rat
    slewie the pi-rat's picture

    that would indicate a minor redundancy in

    Today's Exponential Chart Of The Day

    so, the imf chart can be, like: silver = blue; gold = green line.  they'd be much steeper to their present prices if the scales were adjusted to them. 

    Wed, 07/13/2011 - 20:10 | 1454292 Stuck on Zero
    Stuck on Zero's picture

    What a legacy we're handing out children.

    Wed, 07/13/2011 - 20:35 | 1454377 Zero Debt
    Zero Debt's picture

    It's not going to be your children to take the hit, it's going to be you.

    Wed, 07/13/2011 - 21:53 | 1454647 Taku
    Taku's picture

    Swap last 2 digits each year and you'll see the true picture

    Wed, 07/13/2011 - 23:31 | 1454917 Anonymouse
    Anonymouse's picture

    The comments about the NZ dollar are hitting close to home.  I'm trying to find the right entry point to move my US dollars here to NZ (as I moved here recently as part of my escape plan).  But the carry trade is killing me, sending the US $ to lows and the NZ $ to all-time highs.  I keep waiting for a shoe to drop in Europe to breathe a little life in the US $ long enough for me to make the transfer. 

    Thought this was the week, but then Bernanke and FOMC start pushing for QE III, and bang, I'm off 4%.  I still thing there is one final "flight to quality" (by tradition) for the US $, but who knows when that will be.

    I think I will have to US$ cost average in.  Because my timing is about as bad as it can be.

    Thu, 07/14/2011 - 04:35 | 1455246 falak pema
    falak pema's picture

    don't get caught up in a NZ fault line, to run away from a USD default line...

    Thu, 07/14/2011 - 08:11 | 1455452 Silver Dreamer
    Silver Dreamer's picture

    How are the gun laws there working out for you?

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