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by wch 4545 days ago
In addition to the _total_ debt vs. _median_ income issue that others have mentioned, this is a classic case of how 2 y-axes on a graph can mislead. Or it can be used to tell any story you want. Thiel's graph "shows" that debt is taking off and way exceeding income. Here's a different version of the same data which "shows" that debt and income are converging: http://i.imgur.com/OBCyfVb.png