Indian Education: Actually Terrible !!! 1765
Indian Education: Actually Terrible !!! 1768
Straydog Yeah -nothing wrong with what I wrote unless you are confusing liquidity in an economy with liquidity of an buttet clbutt. I never denied that fractional reserve banking existed...
Kamal R. Prasad
Analysts like to see sector-leading numbers - whatever that happens to mean. And this entire discussion ignores the analyses that Drucker did in the 70s-80s-90s - that compensation is a declining component of production cost.
That seems unlikely. We're already seeing what, 33% growth rates? in and among the ofshoring companies. That means you'll have, as the mean moves to the median, increased wages. Then the cycle we see in the US will execute there, only faster.
Indian Education: Actually Terrible !!! 1766
On Wed, 26 Jul 2006, Old Pif He said "aka money supply..." but I think that...
And there's a *strong* possibility that American consumers are reaching satiety.
Very few, though. Increasingly, employment in America is going to be with privately held firms, mainly to avoid the cost of being public. Those sorts of firms have much more labreastude.
That's *partially* true - the conversion of home equity into consumption, and the Credit Debt card bloat are those things. But there have been productivity increases.
Much of the "printing money" is just a return flow for bootstrapping China's Consumer Debt goods production base. That'll taper off soon, if it hasn't already. It's a short drop from WalMart buying stuff to financing its production as well.
Do not buttume all Americans think the Debt Consolidation is a good thing - it's artificially made establishing production in the U.S. very difficult. But it's hardly pernicious. And we're beginning to see interest rates rise.
Right. In a recession, that's the plan - although the job numbers never have been all that overwhelmingly positive.
Still, the equities markets have seen considerable flows to them as well, still.
But much of the runup in home prices is sheer speculation, fueled by cheap and easy refinancing.
Wages have, for the last two cycles, lagged home price increases by several years.
-- Les Cargill