whatever you subsidize you get more of that, they subsidize loans so loans balloon. earlier they used to subsidize education so we got more of that. it really is that simple.

the thing I dont like about these charts is they are very start and end specific & results can vary greatly for somewhat different intervals. Supposedly you could fix that by using moving averages over say 30 or 60 days but I have almost never seen anybody do it.

Also regarding the comparison itself, IIRC there was a good buffet quote .."In short term markets are voting machine but in long term they behave as weighing machine". definitely applies in this case.

where are all these cool AI application apps that we hear about once and go away for ever? seriously there should be a headline replayer from past where they publish couple year's old news with today's date and then eventually reveal the actual date.