Message:
Corporate profits are way, way up. But jobs are going nowhere.
This is a trend which began with the stock market bubble bursting in 2000.
It coincides with the easy money policy that has been in effect since that time.
What would you wager that these profits has been mostly in the financial markets? In other words, the profits are just printed money from the Fed, and the job market is explains why there has been no real improvement in the economy for over a decade.
Corporate profits are way, way up. But jobs are going nowhere.
This is a trend which began with the stock market bubble bursting in 2000.
It coincides with the easy money policy that has been in effect since that time.
What would you wager that these profits has been mostly in the financial markets? In other words, the profits are just printed money from the Fed, and the job market is explains why there has been no real improvement in the economy for over a decade.
Published on Zero Hedge (http://www.zerohedge.com)
Summing It All Up In One Cartoon
By Tyler Durden
Created 09/22/2013 - 15:56
"The new normal..."
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