#012 Jim Bianco: This Is The New Normal. Get Used To It.
The Julia La Roche Show
00:00
The Macro Economy and Financial Markets
I think there was three bubbles and none of them were financial market related. We either through immigration or through globalization held wages down. That's why most of the time real wages didn't do much of anything for the last 25 years. If you went back to the 1990s, you may or may not remember the movie falling down with Michael Douglas,. which was kind of a precursor to the populist movements that we got.
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