Ever notice how everyone tries to break complex geo-political issues with huge economic ramifications into one chart? Yeah, it's impossible not to notice it. Anyway, the Atlantic put together one chart to show just how ADD we have really become:
Yes, we really do want everything in one tidy little ball and the financial media is absolutely serving it all up on a silver platter.
Ezra Klein, MSNBC commentator and Wonkblog kingpin, says he imposed this In One Chart convention on the rest of us, maybe. "I believe I invented it, but with these things you can never be quite sure," Klein tells The Atlantic Wire. "The idea was that when dealing with tough subjects, explicitly limiting the time commitment requires from the reader can be helpful - it signals that while this might be about, say, health care costs, it won't be that heavy a lift."
In other news, I saw this bit which just made me laugh.
I probably shouldn't laugh, but Hollande just keeps going after that 75% tax number on high earners whether they pay it or companies pay it. This is really getting absurd now. When do guys like he and Bloomberg get off their bully pulpit and go back to doing whatever it is they do when they aren't politicking.
Anyway, what do you all think about the one chart rules the all concept? Is it the bane of modern existence, or a genius way to explain an issue?
I've got something to blow your hair back.
...and in the darkness bind them.
I'm willing to bet that this graph scales pretty directly with the total number of Google searches over that same time frame. Maybe a couple times the growth rate at best - nothing amazing here.
This. But I think total search volume growth is less exponential, but then again I'm pretty much talking out of my ass/quoting things I vaguely remember reading here.
To test this theory, I went to Google and typed in "Google search volume data over time in one chart" and suddenly realized why we may be wrong.
Overall people simply want to be entertained. That's why over and over you're seeing more things like "Top ten things to do to get XYZ"
The current generation is suffering from quick information addiction, so they want everything simplified in the easiest and fastest format and they want it done now.
Hence twitter's popularity, Facebook updates, all these quick flashes of information. "headlines" if you will.
The solution of course is to go and read in depth information yourself to avoid this addiction to fast "quick fixes".
Not surprised by the graphs above.
Only one chart matters in this world - current/historical P&L.
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