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George Whitlam's avatar

Asset swaps indeed, not directly impacting on productivity. This focus on short term financial gains come at the expense of long term productivity enhancing activities. Underinvesting in the future have broader economic repercussions?

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Stephan Kahn's avatar

What’s your opinion on this: «The University of Michigan Survey of Consumer Sentiment shows that a record-high 30% of the population has stocks worth more than $500,000, and 37% own a home worth more than $500,000, ...»

https://www.apolloacademy.com/household-wealth-gains-are-a-tailwind-to-consumer-spending/

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