The reality is that current conditions are nowhere near normal. At the beginning of the last cycle, the only labour market series that offered useful information was the employment-to-population ratio. As the figure above shows, we are still below the lows of the last cycle....Bond Economics
U.S. Economy Getting Better, But...
Brian Romanchuk
3 comments:
If increased wage-slavery is your definition of better?
Is it?
My definition is an economy largely free of wage, rent and debt slavery.
I love the skepticism. Keep it up.
Bearish sentiment in AAII near all time low...
MMT people are perma-bears so they don’t count....
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