Pages

Wednesday, May 2, 2012

Where is the deleveraging in Europe?








(Ireland is excluded from first graph because its meteoric rise since 2000 distorts the analysis of the other countries).

Source: ECB
Posted by at

2 comments:

  1. David SchamisJune 5, 2012 at 9:13 AM

    Does a similar graph for the US look any different?

    ReplyDelete
    Replies
    1. WillJune 7, 2012 at 4:32 PM

      According to Fed total US commercial bank assets in June 2007 were 9.96 trillion and are 12.78 trillion today meaning US assets (for commercial banks) are up around 27% over the past five years. Note the European data includes money markets

      Todays data http://www.federalreserve.gov/releases/h8/current/#fn19
      Data from June 07 http://www.federalreserve.gov/releases/h8/20070601/

      Delete

Subscribe to: Post Comments (Atom)