The Economist Gets It…
From Global Macro Monitor
January 6, 2013 - 2:43am
That is, why governments need asset bubbles as the average real wage falls. See our post, America’s Bubble Dependent Economy. This also goes a long way in explaining the reelection of President Obama even with stubbornly high unemployment and a weak … Continue reading →
January 6, 2013 - 2:43am
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