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Tag Archives: world bank pink sheet

All The World’s A (Imagined) Labor Shortage

Last year’s infatuation with globally synchronized growth was at least understandable. From a certain, narrow point of view, Europe’s economy had accelerated. So, too, it seemed later in the year for the US economy. The Bank of Japan was actually talking about ending QQE with inflation in sight, and the PBOC was purportedly tightening as China’s economy appeared to many ready for its rebound. Operating under these...

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