So what the fuck happened in 1995?

>>1080339
dot com boom

>>1080339
Windows 95 ;)

>community reinvestment act of 1977
>Bill Clinton forcing banks to loan money to anyone with a job.


Pretty much those two things created this bubble we live in now.

this >>1080352
the attitude in the 90s was basically "whoopee, the cold war is over, print baby print"

>>1080339
>OJ Simpson Trial, senpai.

ur mum got pregnant

>>1080339
the internet became more mainstream.
this allowed for a higher gdp

>>1080352
>Bill Clinton forcing banks to loan money to anyone with a job.
wat

>>1080339
What do you even mean? Looks to me like its growing at about the same rate. You might wanna look into how exponential growth works OP.

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>>1080339
You can't do these charts at nominal values, 2 decades of inflation
1.03^20 is 1.806

You have to do inflation adjusted values or use exponential charts. to see degrees of change.

But 95 definitely was a good year

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>>1080478
Disregard that, you're kinda right. But it still looks way less impressive on a log scale.

Clinton deregulated the banks and merged investment banks with commercials. This was the start of the real estate boom and the speculation behind it. 2008 was Clinton fault, not Bush.

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>>1080339
Deregulation caused a massive finacialization bubble which we're still inside of. In essence, it allowed financial institutions to invent massive amounts of money for themselves through the use of derivatives for the first time.

>>1080530
But havent futures, options, and swaps been around forever?

>>1080494
>>1080530
ITT: people who don't know the difference between 1999 and 2008.

We don't care that you watched The Big Short, You still don't know anything about the economy, so shut up aspie.

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>>1080633
This is fine! Nothing is wrong.

>>1080339
Alan Greenspan and his band of merry bankers decided to steal from the poor to give to the rich.

>>1080339
China began it's economic rise.

>>1080494
Can you explain more?

>>1080811
This is the only correct answer in this thread. China was admitted into the WTO in 1994 I believe.

>>1080928
So it this actual growth, or a giant bubble?

>>1080934
Both.

It accomplished four things:
- Lowering the US standard of living.
- Raising the Chinese standard of living.
- Insane profits for the players involved.
- Leveled the playing field globally with one of the largest wealth transfers in history.

The TPP is one of the final nails in that coffin.

As far as how that actually looked as it happened:

We had slave labor building cheap items exported back to the US and sold for 1000% markup. As more and more manufacturing jobs left the US the higher paying jobs became fewer and far between. So we lived on credit to maintain the same lifestyle we could no longer afford for two decades. As the bubble started to collapse under it's own weight in 2009, they printed money to the moon to put us on life support. Recently, they pulled the plug expecting us to breath on our own which remains to be seen.

>>1080962
"We lived on credit" what does that actually mean? And "China entered the market"? The global market? The American market?

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>>1080971
It means we borrowed to maintain our lifestyle. Pic related - notice how it accelerated in the 90's and almost no savings in 2005 right before the collapse.

China entered the global market. The global markets are controlled by the west so it's one in the same really.

>>1080962
This is utter horseshit. You're conflating two entirely different economic events, and you've collapsed 12 years of economic policy into two made-up sentences.

Please do some homework before you comment on events that you clearly don't understand at all.

>>1080981
The decline is personal savings rates is a notable phenomenon, but only a retard would somehow connect that the 1999 or 2008 market declines. Or to China, in any way shape or form.

You are an ignorant man. It's a shame none of your friends of colleagues is smart enough to stop you from making a fool of yourself.

>>1080633
>>1081077
>>1081082
You have yet to offer your explanation.

So far all you've done in this thread is post
>hurr durr this is normal, there's nothing wrong and there is no bubble
>you're all stupid and illiterate for disagreeing with me because I know everything
So please, share your wisdom with us.

>>1080339
I was born, nigga. I am the messiah.

>>1081087
>You have yet to offer your explanation
Why would I give an explanation to a vague question that OP has yet to clarify? How the fuck is anyone supposed to answer the question, "What happened in 1995?" when the only context given is a chart of the S&P 500? You'd have to be a monumental poser to assume that you can answer a question presented that poorly.

The truth is that lots of stuff happened in 1995, and, nothing happened in 1995. And you and the other retards who think the answer is "China" or "the Fed" or "printing money" or "deregulation" are just guessing and pretending to have knowledge about the macro economic trends that shaped the last 20 years.

So fuck off, mate.

>>1081077
>>1081082
They're different In the sense that each so called crisis is spun in a different way maybe, I'll give you that. The source and cause at a core level is the same. You can spin that whatever way you want.

My point is simple. Globalization. I never said only China.

You're trying to piss on me, tell me it's raining and that I'm clearly ignorant for not believing you. Sorry, I don't.

Since I'm so shameful and uneducated here's the former president of the world bank talking about exactly what I'm saying. Seeing as you're such an academic you should have no problem reading between the lines.

https://www.youtube.com/watch?v=6a0zhc1y_Ns

>>1081150
There's an obvious change in the trendline of the financial markets, and while everyone is trying to account for the change, your solution is to simply pretend there is no change. It's one thing to be blind and ignorant, but it's another to act high and mighty about it and insult others for seeking the knowledge you lack.

>>1081157
>The source and cause at a core level is the same.
This is a lie.

>Globalization
Said every fedora wearing faggot ever. Go sign an online petition, faggot.

>>1081162
>There's an obvious change in the trendline of the financial markets
Citation needed.

Stop seeing shapes in the clouds. Log scale reveals what we all know: the markets up, steady, slowly and surely over the long run.

>>1081246
Are you jewish?

>>1081259
Are you?

>>1081246
I see you missed the hour long Q&A session with the former world bank president supporting what I just said about globalization.

Go back to whatever community college you dropped out of, loser. Don't worry, we'll subsidize it for you.

>>1081268
I asked first. :^)

>>1081279
My knowledge of world economics doesn't come from YouTube. Compared to your sources, community college sounds like an upgrade.

>>1081286
Shut up, you emoticon using faggot. Back to /r/eddit.

>>1081287
Anon, you lash out at people as though you've been hurt by someone. Do you want to talk about your feelings? We can help you.

>>1081289
Stick to the topic, fedora boy. No one wants to discuss feelings here.

Fuck, I hate it when the pansies from /r9k/ wander into /biz/.

>>1081290
Is it because your father touched you when you were little?

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>>1081287
What knowledge?

>>1081287
Why are you so asspained?

>>1081291
kek

>>1080478
>>1080487
>>1080488

Underrated comments in this thread. A couple of anons are actually looking at the data. Others are frothing at the mouth spouting all kinds a hokum theories.

>>1081291
>>1081294
>>1081295
So you guys get upset that I call you ignorant on the subjects of markets and monetary policy ... and you write post after post that has nothing to do with the topic.

Thanks for proving me correct, but stop being faggots.

>>1081296
I said this an hour ago (>>1081246). Then the aspie squad went full spazz.

>>1081300
The only thing you've proven is that you like the word faggot. I can help you explore why.. if you want. :^)

>>1081313
First day on 4chan, faggot? We don't talk the same way here as on reddit.

Also, you're stupid, and I enjoyed taking you down a few notches.

>>1080339
dot com

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>>1081314
So how's your first month on 4chan kiddo?

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>>1081314

>>1081320
So now you're just repeating things that I say? Typical retard behavior.

Any more thoughts on finance or markets?

>>1081322
Moved from economics to memes, I see. Seems about right for you.

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>>1081324
>this is 4chan and not reddit
>on 4chan we're tough and edgy and call eachother faggots
>see how I just rekt you so hard with my hot edge?
>if you practice you might be able to be as good of an edgey 4channer (that's what we call ourselves here) as I am

>>1081324
It is right for me and let me tell ya, it ain't easy. More of an art form. This may be my masterpiece. But I'll let you get back to economics and stuff.. lmfao

>>1080339
Alan fucking Greenspan

>>1081313
lurk more you faggoty nigger

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>>1080352
This is a myth, right up there with 'Germany would have won WW1 if not for the sailors mutinying!'

>>1081506
its what i do. i have been for like 8 years. trolls trolling trolls. thats all it is or ever was.

take some of your own advice you degenerate

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>>1081515
>retards who claim to be trolling when they get called out

>>1081520
>called out
>taking biz seriously
youre beyond help

>>1081537
>makes serious posts/replies on /biz/
>hurrr hurrr u take biz srsly!!!

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>>1080339
People with low IQ learned about investing through the rise of internet.

>>1081556

>I'm just going to ignore the huge peak in 2000 so I can draw a nice tangent

>>1081557
That's the beauty of internet. I can draw whatever fuck I like.

>>1081556
What software is that?

>>1081565

Microsoft Paint

>>1081565

Oh wait...wait...did you genuinely think for a moment that there is actual software that will draw you the future?

Are you a literal imbecile?

>>1081573
Actually paint.net

>>1080462
THIS.

>>1080466
Bill Clinton and Janet Reno created the housing bubble. Look into it.

>>1081508
>A recently re-exposed document shows that his administration went to ridiculous lengths to increase the national homeownership rate. It promoted paper-thin downpayments and pushed for ways to get lenders to give mortgage loans to first-time buyers with shaky financing and incomes. It’s clear now that the erosion of lending standards pushed prices up by increasing demand, and later led to waves of defaults by people who never should have bought a home in the first place.

>http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/clintons_drive.html

A simple Google search.

>>1081713

>I am just going to make the exact same statement I was asked to explain
>but I told you to look it up

You're only right to a small extent, and I'll be happy to explain why once you try to defend your original claim.

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>>1081330
Well played.
>>1081324
Dis fag be all like pic related

>>1080797

>Bernie pls

>>1080928
No. 2001.

China was only worth $1 trillion in 2000. Now it's worth $12 trillion.
50% of world growth since 2000 has been in China...

>>1081819
Yeah that's right. It was 1995 they formally requested to join. I remember liberals protesting it so I thought that's when they were admitted.

>>1080339
The movie Hackers changed the world.

>>1080339
Bill Clinton happened

>>1080339

tech bubble.

people started using the internet in 1995. then they started using it to buy stocks.

most people didnt invest in stocks, or as wildly as they did now - everything was through a broker.

after the internet, online brokers were used.

so internet and dotcom has really influenced the stock market.

also after the tech bubble, greenspan went fucking crazy lower rates

>>1083161
^Loved it.

>>1080352
this is right sempai.

people forget that when you used to apply for a loan you could... at one time... actually be declined rather than offered a higher rate.

There is no possible way anyone could not get money loaned to them in some form now.

>>1081713
Right. The banks aren't at fault at ALL. They didn't profit heavily from bundling up mortgages and selling them off as securities. They certainly didn't have any monetary incentives to ease up on mortgage requirements. No sir. It was all the evil gubmit influencing the natural flow of business!

What Clinton did wrong in the 90s was repeal Glass-Steagall.

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So what the fuck happened in 1982?

>>1080339

>not understanding linear charts or using log charts

ITT: kiddies who probably belong ln /his/ or /pol/ making vague economic "judgements" without looking at the data

ITT: Clinton killed America, Bush did nothing wrong.