World Economy's Great Uncertainty - Seib & Wessel
Economy | Information | History | Online | Facts | World | Global | Money
WSJ's David Wessel says different parts of the world economy are headed in different directions, few of them good. Europe is a mess, there's new uncertainty in China and Japan, and U.S. growth remains sluggish. Also, what's next for the Fed? Click here to subscribe to our channel: http://www.youtube.com/wsj Visit us on Facebook: http://www.facebook.com/wsjlive Follow us on Twitter: https://twitter.com/WSJLive Visit the Wall Street Journal: www.wsj.com
Comments
-
Besides pointing out your obvious composition / division fallacy that is simply untrue. The market has changed drastically for skilled and unskilled laborers. The growing reliance on technology and secondary education has played a very large roll on pay scales. Today the job market demands increasing skill levels. Many jobs that were once considered unskilled labor now demand semi- or mid-skill labor. As such, it is simply a matter of demand.
-
"the japanese may have gotten a little carried away with revving up their economy" the dumbest sounding understatement of the year... is this all that the mainstream news is cracked up to be? "signs that it all seems to be working"?? btw what brilliant "new experiment" are these squareheads babbling about? money printing is absolutely the oldest trick in the book and has failed every single time. And this time it's NOT going to be different.
-
actually what's on the increase are the wages in sectors that are either heavily subsidized or 100% paid for by the increasingly poor tax payers ie. the banking sector, and the public sector - public servants give themselves cushy pension plans and health care deals that most in the private sector who are footing the bill can only dream about
-
The comment about stagnant wages is unfair in my opinion because a majority of the stagnate wages are in the unskilled workers sector while the skilled working sector wages are on the increase.
3m 28sLenght
6Rating