The Macroeconomic Malaise | Juliette Declercq on Debt, Tariffs, Immigration, and Yield Curve
Monetary Matters with Jack Farley
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Economic Challenges and Labor Dynamics
This chapter examines the challenges of labor growth in Western economies, especially in the U.S. after 2009, with a focus on demographics, productivity, and the impact of immigration. It highlights the stark contrast between soaring productivity gains and stagnant wages for lower-skilled workers, raising concerns about economic inequality and the sustainability of current borrowing practices. The conversation concludes with a reflection on future economic uncertainties and the potential ramifications of rising debt levels on ordinary citizens.
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