Post
Topic
Board Economics
Re: European Banks Crash For 4th Straight Week
by
Swisk
on 15/04/2016, 14:52:42 UTC
The main point is the divergence since 1987. Before that there was a pretty good correlation.

Yeah but my point is it only looks like a correlation and a divergence because the y-axis is in log. The chart is manipulated to make it look so instead of actually being so.

True, if it wasn't then there probably wouldn't be much co-relation, it'd be a hell of a lot more scary though :/

Yes, that's my point. There is no correlation. The author manufactured one that doesn't exist to make his point.

Hah, nice catch. I think more people need to pay attention to this. Opened my eyes to how easily data can be manipulated to force relationships.

You could argue for scale, but then at the very least you'd need to put the employment percentage in exponential as well.