The Scariest Bank Lending Chart Ever

[girl gone mad]

You've seen the Scariest Jobs Chart Ever, which shows how slow this jobs recovery has been compared past recoveries.

Well, here's another chart with a similar idea.

The Cleveland Fed (via PragCap) takes a look at bank lending volume pre- and post- recession trough.

The chart is a little unclear, but if you look closely, you can see that the line for the 2007 recession is currently tracking well below average, right around the worst one they have measured (1990). The bad news: if we continue on the 1990 path, we've got several more quarters of contraction before a turnaround.



Read more: http://www.businessinsider.com/nonfarm-nonfinancial-corporate-business-loans-2010-8#ixzz0wFzOXzQF

[midnight]

1. Thank you for posting, and explaining this chart.

[xchrom]

2. Recommend

[jtuck004]

3. k&r n/t

[westerebus]

4. "more quarters of contraction"

Try a decade or two. If you look at the 1981 line that's all debt. The old deficits don't matter meme. Borrow and spend or tax and spend all depends on how much interest you want to pay.

That's why the cat food commission was set up. The bank's want their interest paid. The TARP bail out was just a rent payment.

Nero fiddles as Rome burns!