http://en.wikipedia.org/wiki/File:World_population_growth_(lin-log_scale).png
In many ways, it's worse, since this is a log scale.
Superimpose on this chart, the Nasdaq bubble, plus the ensuing decline, and you can see problems ahead for a long, long, time.
The crash in population that's coming could last for at least centuries, if I understand what this chart is saying to me...
Below is a log plot of the 1929 crash, the population chart I have above, shows the part represented below by the upward blue arrow to the top. A reasonable fraction of the time going up is taken to bring it back down to whatever level becomes the 'bottom'. This is the downward blue arrow pictured in the chart below. This concept applied to the population chart above could easily give a 'bottom' after a couple of thousand years, give or take...
3 comments:
The nasdaq is still down about 50%from its all time high in the year 2000.
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