Summarizing The True Sad State Of The World In Two Charts

Tyler Durden's picture

You can listen to CNBC, and the president, drone on about the recovery, about the wealth effect, about trickle-down economics, about why adding $150 billion in debt per month is perfectly acceptable, and about a brighter future for America and the world... or you can take a quick look at these two charts and immediately grasp the sad reality of where we stand, and even sadder, where we are headed.

Chart 1

Chart 2

Source: BIS and NYT

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Lost Wages's picture

You cheated. That is way more than two charts. ;)

economics9698's picture

End the Federal Reserve.

Declare bankruptcy.

Limit the federal government to 11% of the GDP.

Let private banks issue private currency backed by gold and silver.

tarsubil's picture

If you do the last one, you don't have to worry about the first three.

hedgeless_horseman's picture




I think that in this instance, income is not salary. 

The real title for Chart Two should be,
"Why You Should Have Owned Stocks in 2010."


Remember that in 2009,
The Stock-Broker-In-Chief did say it was going to be a good time to buy stocks...
...regardless of your risk tolerance, financial situation, or age.

 The next time President Obama gives investment advice I am sure going to listen. 

Did you know he worked for a Wall Street firm and is a millionaire? 

Did your broker go to Harvard?

Oh regional Indian's picture

The Fed...


It was established as the Federal Reserve Eleemosynary Corporate Estate Trust.  Never heard that third word before, did you? Well, "Eleemosynary" means, according to the definition in our unabridged dictionary - "pertaining to alms, or charitable; of or for charity of alms." In other words, the American people have been DONATING their alms to it.  Since our actual "coin of the realm" or "lawful money of account" has all been stolen from us, when they discontinued the use of gold and silver, we are only using "funny money" or bogus bills.  Our coins are only metallic alloys - worthless, actually.  In addition, they drain our energy just carrying them around.  You can easily prove that. check it out...


falak pema's picture

machines never created man; unless you consider God/mother nature as a perfect machine. We are in reverse thinking because we are in perverse thinking; Oligarchy and feudal orders that pretend they serve the general good are by definition totalitarian and Orwellian; this is Machiavelli's legacy : don't be Saint Louis when you kill as nobody buys that anymore, be a Borgia and say its for your own good, its reason of state etc. etc. etc. People love that! The machine culture is the runaway culture of hubristic man being chased by the machine programmed phantoms of his  mad paranoia in name of state or better still, NWO, which protects humanity from petty politicians and their petty lies and petty wars, and the BIG HUGE LIE that this scam defecates along his mayhem trail. 

Cpl Hicks's picture

You've got a runaway culture working in your brain, fp. And guess what- People love that!

I do, anyway.

moonshadow's picture

Take probiotics for that...

EscapeKey's picture

When Andrew Jackson wanted to kill the Second Bank of the US, Nicholas Biddle recalled massive amounts of debt back to the bank, causing a severe recession.

Bernanke will no doubt use the same "negotiation technique" (Hitler would be proud).

malikai's picture

How will Benocide answer the chages of treason?

citta vritti's picture

he won't have to, until U.S. has descended into some Huxley-Stalinist miasma where it serves those who have become tptb to disown their tools (and yes, it's a poor workman who blames his tools). 

francis_sawyer's picture

There's that word "miasma" again... Better go get my inhaler...

The Limerick King's picture



We've entered the Kleptocrat age

Our freedom has turned to a cage

And those at the top

Too greedy to stop

Are about to unleash primal rage!

FlyoverCountrySchmuck's picture

We live in a world where stinkin rich Democrats tell the sheeple to hate Rich People, who then get RICHER insider trading off of the hate.


George Orwell was so right. He was just 30 years late in his predictions.

V in PA's picture

We live in a world where stinkin rich politicians tell the sheeple...



Ned Zeppelin's picture

Zactly - Rethuglicans and Demoncrats = no substantive difference. Romney will be no different from Obama, who was no different than Bush, who was no different than Clinton, and so on and so on. 

Cpl Hicks's picture

You say miasma, I say malaise.

And to think that I voted for that peanut farmer from Plains, Georgia in 1976....ahhh, the shallowness and arrogance of youth!

New American Revolution's picture

How else?  Before a firing squad.

ncdirtdigger's picture

It would be more suiting to shove $100 bills down his throat until he choked on them.

TheFourthStooge-ing's picture


How will Benocide answer the chages of treason?

By being hanged by the neck until dead.


Vagabond's picture

We should hang him by the dick first, and then hang him by the neck to finish the job.

penexpers's picture

CNN: Bernanke Attempts to Print Way Out of Prison; Caught."

strannick's picture

Anyone who cities 'Nicholas Biddle' deserves an arrow up. And because Biddle had the power to do this, was all the more reason to decharter his bank. When you read the account, one realizes all the deceit and viciousness the bankers display with their backs up against it. Andrew Jackson was a politician whose stature we may never see again.

Buckaroo Banzai's picture

"It is maintained by some that the bank is a means of executing the constitutional power “to coin money and regulate the value thereof.” Congress have established a mint to coin money and passed laws to regulate the value thereof. The money so coined, with its value so regulated, and such foreign coins as Congress may adopt are the only currency known to the Constitution. But if they have other power to regulate the currency, it was conferred to be exercised by themselves, and not to be transferred to a corporation. If the bank be established for that purpose, with a charter unalterable without its consent, Congress have parted with their power for a term of years, during which the Constitution is a dead letter. It is neither necessary nor proper to transfer its legislative power to such a bank, and therefore unconstitutional" -- Andrew Jackson, Veto Message Regarding the Bank of the United States (10 July 1832)

"It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government. There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing." -- Andrew Jackson, Veto Message Regarding the Bank of the United States (10 July 1832)

"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!" -- From the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels - online PDF

monopoly's picture

Buckaroo, that was great, it amost makes me cry, that nothing, nothing has changed. The vipers are as smug as ever.

Watauga's picture

He was darned good the Bank issue, but man, was he ever hard on the Indians. 

KickIce's picture

While I don't condon what he did to the Indians, I can't imagine illegal immigration being a major issue with someone like him in charge.

Cpl Hicks's picture

Will this PC mindset always plague this country of ours?

The Indians, the blacks, the Chinese, the muslims; let's all weep for the sorrows of the oppressed. Ad infinitum.

GernB's picture

Thanks for posting that. It's amazing how we think with all our technology and "progress" we're so much smarter than we were then, yet over 200 years ago the dangers in the path we have taken were seen with such clarity and simplicity.

vast-dom's picture

Great quote Banzai, thx for sharing. Same selfish self-obsessed deranged lunacy, but I'd venture to say much worse given scam complexities and the fact that there is not even an inkling of an Andrew Jackson figure to even so much as try to address this today. 

Dr. Engali's picture

You would think that we might learn something fom history...but we never do.

TheFourthStooge-ing's picture


You would think that we might learn something fom history...but we never do.

That is the only thing we learn from history.


Troll Magnet's picture

remember your high school history books?  we NEVER EVER learn history.  they do not teach it and they never will.

Spastica Rex's picture

Education is dangerous. Every educated person is a potential enemy.

-- Hermann Goering

MachoMan's picture

Ben has already done this numerous times when important issues were before congress...  granted, it might have only been for a day or two, but it's usually been sufficient to get the point across.  [and also raises questions regarding the FED's withdrawal of liquidity pre 08 crash]

Hansel's picture

Benyamin Havenstein Schacht Funk Speer Bernank, Chief Plenipotentiary of Economics, member Central Planning Board, State Secretary of the Ministry of Public Enlightenment and Propaganda

WestVillageIdiot's picture

Actually, Franco would be proud.  Franco negotiated with Hitler to the point where Hitler made his famous comment about having teeth pulled instead of negotiating again with Franco.  Even Franco wouldn't have tried shit that the central bankers try. 

William113's picture

Where do you think Hitler learned it.

bgilliam83's picture

That would be a nice way to ween us off the crack.  The fundamental problem here is fractional reserve banking; and that is something beyond our comprehension to solve at this stage of the game.  You can back this stuff by gold, platinum, or whatever the fuck, it does not matter if banks are playing musical chairs charging interest that never existed.  My conclusion is we should have never been born in the first place, there is NO SOLUTION now. Period, end of story. 

FreeNewEnergy's picture

Check to see when most states repealed their usury laws and a solution becomes clearer.

spastic_colon's picture

never happen cuz;

  • positive net birth rate (sucker born every minute)
  • will buy a shiny new pick-up truck cuz they say it get better mileage then my old paid for guzzler (18mpg vs. 17mpg)
  • memories remain short
  • central banking 101 will become required cirriculum (in elementary school)
  • ZIRP makes things look cheap (especially income)
  • most people hate math
  • nobody said things will be solved by tomorrow (measured in epochs)

just observations

RollinsArline3's picture

my classmate's sister makes $67/hour on the laptop. She has been without a job for 6 months but last month her pay was $20212 just working on the laptop for a few hours. Read more on this web site .....

jmc8888's picture

Why take a two step forward, two step back approach?

End the Federal Reserve  = Yep

Declare Bankruptcy = Yep  (as well as cancel the you don't need to declare bankruptcy due to fraud, you cancel it....but even after that we're bankrupt, so yes bankruptcy is in store as well)

Limit the federal government to 11 percent of the GDP = Nope  (GDP is a horrible fungible STATISTIC not based in reality. [either way up or down someone can fuck with it for gain at the expense of everyone else] 11 percent is an arbitrary number that has no relation to reality except to some dogmatic monetarist perspective based on the current system [which would be gone].  This is an absolute horrible unneeded constraint added in by the fallacy of dogma.

Let Private banks issue private currency backed by gold and silver = Nope (we already had a private bank issue currency, and at one time it was backed by precious's called the federal reserve)....and this isn't about the 'let people barter amongst themselves type thing'.  Instead you need the American Credit System, which utters credit...not debt...into the system for physical economic projects that create wealth.   Then have THIS backed by precious metals.

Again, monetarism is by it's nature the oligarichs game.  Any form of monetarism is instrinically a form of imperial oligarchy.  We don't need better rules for the oligarchy, we need a break from the oligarchy, and all their twisted dogma inherent in the monetarism lie.  You will never get rid of the oligarchy, unless you get rid of monetarism.  Monetarism, what the founding fathers fought against...we won...but didn't keep was warned.  Now we are at a point again where minds are awaking to the lie of monetarism, but they still think it's only a lie of a part of monetarism, instead of the whole situation.    Monetarism is a feeder fund to the oligarchy.  End monetarism.


Impeach Obama


American Credit System


...or the oligarchy remains in control.  Maybe not to the benefit of ALL the CURRENT oligarchs, but SOME of them would still be in charge.  FUCK THAT.