
Irrational Exuberance, Again? [Eurodollar University, Ep. 179]
Eurodollar University
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Wages in the United States Are Rising - Is That Really the Sign of a Declining Economy?
Wages in the united states are rising. Aim that's very good news, or is it? And our wagesrising really? We're actually going to talk about what happened in the 19 thirties when wages surged. No one would confuse that with some sort of inflationary 19 seventies. Here we are again, another depression, a silent depression. Wages are again surging. I were going to learn why about it. It's an interesting phenomenon, if the achronym for it is not interesting. Jeff snyder, the head of global research at alhambra partners, gives us a clue in the title of a recent article: What if more rapid published wage increases
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