Bad Stuff Happens from Charts That Look Like This

by JT McGee

This is a chart of charge-offs on agricultural production loans, which have exceeded 1% in only two of the last 28 years since the “Farm Crisis” of the 1980s. (Click to see a larger image.)

This is a chart of charge-offs on single-family mortgages, which never rose to more than 1% for 17 years from 1991 to 2008. (Click to see a larger image.)

Leave a Comment

*

Previous post:

Next post: