De,
Your post made me wish my math was stronger – especially in practical application. Although the formula of a circle (x^2 + y^2 = r^2) is not a exponentially compounding function (f(x)=a^x) the curve fit is still disturbing.
Here are some other charts on long term debt:
http://www.longtermtrends.net/us-debt-to-gdp/
I'm looking for a log chart of government debt, which would make exponential growth show as a straight line and give more meaning to what the current explosion means.
I also believe there are other metrics which should be kept in mind, such as debt to GDP trend. I'm going to continue looking for better graphs. I think it interesting that I am having a harder time than expected finding what I am looking for. It is almost as though nobody wants to talk to much about it in terms of HOW FAST this takes us to crack up boom.
Nobody has ever seen anything quite like this before. Yes, we can look to Weimar or to Zimbabwe, but those were more-or-less localized bubbles, not really so levered, and not nearly so interconnected with lots and lots and lots of other sick, unsustainable trends. In other words, there is no good way to escape this, although my advice is to get to a position where you have something to barter which s under your control and which has value in a primitive society.
“If something cannot go on forever, it will stop.”
― Herbert Stein, What I Think: Essays on Economics, Politics, & Life
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