Something’s Gonna Give

One of the most sensitive prices in the domestic economy is manufacturing wage rates, given the magnitude and efficiency of global trade in manufactures. Since the early 1990s, of course, manufacturing wages in the U.S. have been hammered by the Great China Wage Deflation. Then again, China’s rice paddies have been largely drained of its […]

You need to login to view this content. David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself. David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly. This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life. SUBSRIBE NOW | SUBSCRIBE NOW