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Albert Edwards: "What On Earth Is Going On With US Wages"

May 28, 2017 - 10:58am
Albert Edwards: "What On Earth Is Going On With US Wages"

When Albert Edwards predicted in late 2016 that a surge in wage inflation was imminent, we were confused by this prediction from the world's preeminent deflationist: after all, not only had not a single economic indicator validated a tighter labor market despite unemployment just above 4%, but as we have have repeatedly demonstrated what little wage inflation existed, was attributable to managerial-level, supervisory positions while the bulk of job creation remained with minimum-wage jobs, which have continued to see virtually no wage growth.

More Hard Conclusive Evidence That The US Government Is In A Conspiracy Against The American People

May 28, 2017 - 8:19am

More Hard Conclusive Evidence That The US Government Is In A Conspiracy Against The American People
https://normsaysno.wordpress.com/2017/05/27/trump-administration-proposal-would-increase-university-dependence-on-foreign-students/
The post More Hard Conclusive Evidence That The US Government Is In A Conspiracy Against The American People appeared first on PaulCraigRoberts.org.

...And Now For The Bad News

May 28, 2017 - 8:15am
...And Now For The Bad News

Authored by Simon Black via SovereignMan.com,

In the late 1760s and early 1770s, the government of France was in a deep panic.
They had recently suffered a disastrous and costly defeat in the Seven Years War, and the national budget was a complete mess.
France had spent most of the previous century as the world’s dominant superpower, and the government budget reflected that status.

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