An employee of the Congressional Research Service, Hungerford in 2011 published a paper that found that after-tax income inequality rose 11.2 percent between 1996 and 2006.

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Insuring Portuguese paper shot up to 1.2 million euros and the five-year Italian CDS rose 38 basis points to 505 basis points, meaning it would run you 505, 000 euros to insure 10 million euros of bonds from Rome.

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According to a 2007 paper by Justin Wolfers at the Wharton School, divorce rates rose sharply after other states adopted no-fault divorce, but this trend reversed within a decade.

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Meantime, Treasuries with comparable 5-year duration came in over 7 percent while paper with 7.67 year duration rose 8.26 percent, far exceeding corporates and muni bonds with comparable duration as well as emerging market debt.

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