Marc Sumerlin: 85% of Jobs Created in the Last Year Are People Re-Entering the Labor Force
“At some point it might be a good buffer between some of the pressures of a labor force that we need and jobs that we’re creating”
“At some point it might be a good buffer between some of the pressures of a labor force that we need and jobs that we’re creating”
China’s economic dependence on the US isn’t going anywhere
In 1960, the largest economies in the World were: the US, the UK, France, China, Japan, Canada, Italy, India, Australia, and Brazil.
“The thing that would save us, miraculously, is… growth without debt”
The rise and fall of a succession of Central American civilizations lasting over one thousand years
The Eiffel tower during the 1889 World’s Fair, for which it was constructed.
“The inflation rate is heading lower and ultimately that means that the bond yields will be heading lower not higher”
Not only is the world urbanizing, it seems to be shifting to the very biggest cities
“What would happen if we had a global recession without a Powell?”
If the US balanced its trade deficit with China, China would go from having the largest overall trade surplus in the world to having a trade surplus smaller than Ireland