Crisis Struck 10 Years Ago: What's Changed?

The financial crisis and the massive federal response reshaped the world we live in. Or did it?

The Wall Street Journal has an interesting infographic series of 25 charts entitled 10 Years After the Crisis.

Here's eight of the 25.

Median Income Barely Up

Forget averages. The median is what counts most.

Real median wages fell in 7 out of the last 11 years! For details, please see Imaginary Wage-Inflation Conundrum.

My discussion pertains to "wages". The WSJ referred to "household income".

Public Debt Triples

The MMT crowd says "We owe it to ourselves".

Credit Rating Agencies

The guys that rated everything AAA in 2007 are still in charge of things.

Fannie Mae

They promised to unwind Fannie Mae. What happened?

More Ways To Invest

More ways to invest in fewer companies. Who can possibly find fault with that? The casino is open!

Revolving Doors Still Functioning

The revolving door concept still works.

Gotcha!

Batting one out of a thousand is arguably better than expected.

Wealth Distribution Trends

Who couldda possibly thunk that might happen when you bail out the banks, lower interest rates to zero, foreclose on millions of homes, send no one to jail, and promote inflation?

No one could possibly have predicted this result.

Mike "Mish" Shedlock​

Comments
No. 1-25
killben
killben

"Who couldda possibly thunk that might happen when you bail out the banks, lower interest rates to zero, foreclose on millions of homes, send no one to jail, and promote inflation?" Definitely not "wealth effect & courage to act" Bernanke

Mike Mish Shedlock
Mike Mish Shedlock

Editor

Thruthseeker Only 10 comments load at a time.

truthseeker
truthseeker

Ok good bye Mish

truthseeker
truthseeker

It disappeared so I wonder was it also deleted as I’m trying hard as I can to participate without putting words in your mouth?

truthseeker
truthseeker

Mish I can’t find the response I made to MntGoat so at first I saw it then