The economic history of the last decade in one graphic

The extraordinary monetary accommodation since the crisis is central to understanding the trends in the world economy. 

Ananth points to this excellent graphic from Albert Gallo at Algebris Investments.

This pretty much captures it all. Two small points. One could be to add "rigged capitalism" as an outcome along with populism. Two, on the supply side, there is a Mathew Effect or superstar effect  or TBTF that operates (which is more than just monopoly), which drives business concentration, rising entry barriers etc.