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MacroVoices #434 Bill Blain: Will Higher For Longer, Lead To Market Mayhem?
Macro Voices
The Impact of Economic Pressure on Political Success
Economic pressure, manifested as stagnant incomes and job insecurity, has led to the success of Donald Trump and the rise of the gig economy. This pressure is exacerbated by China's role in exporting deflation and creating disposable assets in the workforce. Inflation further burdens low-income individuals, making political promises of support appealing.
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