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Over the past 43 years, real wages for Americans are up 6.9%. Not 6.9% per year. 6.9%. Forty-three years.

October 15, 2022 8:19 am

The eternal war is not between liberals and conservatives, or between this country and that country. The eternal war is between Labor and Capital. The Federal Reserve is a weapon of Capital. — Ben Hunt (@EpsilonTheory) October 14, 2022

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Yield curve inversion is now the flattest in forty years, meaning that long-term rates are significantly lower than short-term rates as the bond market predicts the Fed is making a COLOSSAL mistake by overtightening

August 12, 2022 10:12 am

by BoatSurfer600 The Big Short’s Michael Burry says “the Nasdaq is in a bull market because it is up 20% off its low? Who makes this stuff up? After 2000, the Nasdaq did that 7 times as it fell 78% …

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Why America Hasn’t Had a Raise in Forty Years

August 18, 2018 6:21 pm

by Bill Bonner POITOU, FRANCE – Whoa! What’s this? The Dow popped up nearly 400 points yesterday. It is now just 4% off its all-time high of 26,616, reached on January 26 of this year. And you know what that means. …

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