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Y'know, when I extend the smooth upward curve from 1970 to 1985 through to 2000, it matches the actual range around 2000 fairly well.

If anything, the striking features of this index are that

  1. The real lost decade is the noughties.

  2. Volatility went way up after the bubble.

- Jake

Friends come and go. Enemies accumulate.
by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Mar 23rd, 2010 at 12:56:54 AM EST
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