Tag Archive for Wages

The Lethal Lemons on the Road to Bangladesh – William K. Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big…

North Las Vegas Crisis An Example of Why To Stop Crying, “Shadow Inventory!”

The sad story of North Lost Wages,  Nevada,  is an example of why the “shadow inventory” issue is a toothless bogeyman for the US as a whole. Not only did the bubble create false pricing. It caused the construction of  entire “false communities,” based largely on speculative purchases never intended for occupancy. This bubble activity…