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Are you suggesting that that one should be OK with this kind of world, or simply observing that a world like this ought to make one bitter? To be clear, I'm no
by atomicnumber3 6y ago
Are you suggesting that that one should be OK with this kind of world, or simply observing that a world like this ought to make one bitter?
To be clear, I'm not condemning this system. Just explaining that this is what a K-shaped recovery might mean. That those with very little are left out when most of the "recovery" comes from the Fed propping up asset prices while everything that isn't sufficiently similar to a security crumbles.