Friday, June 03, 2011

More Than 1000 Words Can Tell

The Blogosphere went on to look at US real wage growth today, e.g., comparing it to Great Depression, but has been my focus for a while already. Well, a nice picture from the team of Chris Wood at CLSA Asia-Pacific Markets yesterday.

Click on chart to enlarge, courtesy of CLSA Asia-Pacific Markets.

We need more stimulus, to drive trend consumption that was driven by debt bubble ...

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