The Market Ticker - Fusion Between Heritage, Lutnick And Facts
Here’s an interesting element from Davos — a speech that Lutnick gave:
“Globalization has failed the west and the United States of America”
He’s right. It has ruined American workers and has, at the same time, wildly increased federal deficit spending because when you take the lower economic strata, remove it from the nation on a labor basis, and on top of it allow the aggregation of the benefits and same to flow to the highest economic strata which spends a good part of it and thus drives up prices.
Supply and demand is the first and most-fundamental law of economics; it has never been evaded and never will be. If you displace…….
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Source: https://market-ticker.org/akcs-www?post=254838
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