IMF’s Map of Stagflation: This Is Keeping the Central Banks Awake at Night
ITM Trading Podcast
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Do You Need to Be Protected in a Tight Labor Market?
We've got a very tight labor market. Of course, they want a two teer labor market, kind of like china. We actually saw that quite a bit in chicago several years ago when they were having their own government debt crisis. So higher taxes, fewer services and job losses, because this transmits to the corporations. And then that translates into the banks. Bail in anyone, you better not have too much cash sitting in the bank that you can't afford to lose. That too needs to be protected.
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