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To: expat_panama
Interesting commentary, nothing we don't know, but it crystallizes an important fact:

http://www.businessinsider.com/hsbcs-stephen-king-on-the-world-economy-2015-5

38 posted on 05/13/2015 7:37:21 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Chgogal
tx!!  One quote raised my eyebrow: "Wage growth will hurt corporate earnings and reduce the share of corporate profit".  My thinking being market forces allow wage to grow only if labor is in short supply.  Considering we've still got about 17 million not employed or not in the labor force, that's a huge amount of room to grow.
39 posted on 05/13/2015 7:59:16 AM PDT by expat_panama
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