Re:More money than anyone imagined: an explanation for why t...
by nostromo on Friday July 26, 2019 @03:34PM
(#20537697)
Longest expansion in history, low inflation, low unemployment... the sky is clearly falling, wake up sheeple!
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Re:More money than anyone imagined: an explanation for why t...
by mandelbrotwurst on Friday July 26, 2019 @06:01PM
(#20538733)
Low unemployment doesn't imply strength if it's due to a decline in labor force participation, which has barely budged from historic lows set in 2015 (1). Rising asset prices aren't worth much to those who own little.
1 - https://www.bls.gov/charts/employment-situation/civilian-lab...