Friday, Aug 11, 2017

Credit issues

Business Insider: What Carney knows but doesn't say

excessive credit as per usual

Posted by stillthinking @ 02:11 AM (3782 views) Add Comment

1 Comment

1. icarus said...

"Raising wages would make the cost of investing in work higher, forcing a reallocation of capital away from crappy businesses that only exist because wage levels are low" - and, in some cases, because the tax bill too is low. A "crappy" business like Amazon profits from both.

Friday, August 11, 2017 09:40AM Report Comment
 

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