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Originally Posted by Topspinmo
No he’s not and neither are you, see I can have opinion also.
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Everyone can have an opinion....do you have an argument to make or just what you said....basically, I am right, and the rest of you are wrong.
For decades, the drag on demand growth stemming from rising inequality has been compensated for by other economic and policy developments—notably a long-running decline in interest rates. Going forward, however, these compensating mechanisms are likely to fail, which means that the inequality-induced drag on demand would translate directly into slower economic growth overall.
Fact that so many will not be rejoining the workforce is at play as well.