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Old 07-10-2021, 12:13 PM
jimjamuser jimjamuser is offline
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Originally Posted by Bucco View Post
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.
Inequity of wealth and opportunity leads to the US becoming a 3rd world country, which leads to Democracy being overthrown. Like a disease within EATS at an individual, internal influences in the US are now worst than external forces. Democracies can die a SLOW death!