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Another pair join globally synchronized as it continues to spread around the world.

Eurodollar University

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The Transition From Labor Hoarding to Labor De-Hording

Businesses were waiting out what they thought was going to be a short shallow recession. Now we're at the stage where we're seeing recessions in more places, but they're going to be shallow and short. It's only a matter of time before labor hoarding, weakness in the labor market that we know is going on, all of it combines and collides together for the globally synchronized deflationary recession.

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