Tag Archive for Incomes

Debt Serfdom in One Chart

Reposted with the kind permission of Charles Hugh Smith The essence of debt serfdom is debt rises to compensate for stagnant wages. I often speak of debt serfdom; here it is, captured in a single chart. The basic dynamics are all here, if you read between the lines: 1. Financialization of the U.S. and global economies…

Mutual fund outflows are another example of the costs of ZIRP – Bernankecide

This is a short excerpt from this week’s Professional Edition Fed Report to be posted Tuesday. The ICI reports mutual fund inflows weekly with a one week lag. Domestic equity mutual funds had $8.7 billion of net outflows in the week ended 4/18/12, after net outflows of $1.5 billion the week before. Based on the…