This Trend is Nobody's Friend

The FIRE Economy (Finance Insurance Real Estate) should have died in 2008 once and for all.  A nation based on trading stocks, flipping houses and suing each other is no way to go through life, son.  And this is coming from a denizen of that accursed industry!

Anyway, over at the blog Illusion of Prosperity I came across a chart showing that, while the finance sector may be shedding jobs, relative to the manufacturing industry it is still a paragon of health…

This is an example of an “exponential employment trend line that has not failed”.  At least not yet.

Source:

An Employment Trend That Has Not Failed (Illusion Of Prosperity)

Read Also:

The United States of FIRE (TRB)

 

 

 

 

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