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Six Reasons to Stay Worried

The Compound and Friends

00:00

The Hard Landers' Worries About the Commercial Estate Crisis

A renewed wage price spiral is number two. The United Auto Workers Union opened up negotiations with the auto manufacturing industry last week by demanding a 20% immediate wage increase and then another 5% during each year of the contract. Commercial loans at all commercial banks have been flat at a record high just below 3 trillion since March 15th.

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