Junior Mining News

The Financialization of America… and Its Discontents

By Charles Hugh Smith This post The Financialization of America… and Its Discontents appeared first on Daily Reckoning. Labor’s share of the national income is in freefall as a direct result of the optimization of financialization. The Achilles Heel of our socio-economic system is the secular stagnation of earned income, i.e. wages and salaries. Stagnating

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