• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Global Economy Bursting?

Status
Not open for further replies.
The markets made new highs. That indicates that it is going to make new ones. The divergence is that the volume is scary low. The market is not based on any real earnings or job creation, its based on what the FED says and if it will continue QE.

Look at what is happening in Detroit. Don't forget medicare as part of the cost of why they are BK. We feel inflation, but they deny it. They are slowing conditioning the new norms so we would not feel it emotionally, but accept it.
 
Even in my home we feel the pinch.

According to an August 2013 Wall Street Journal analysis of Labor Department data, "the average hourly pay for a nongovernment, non-supervisory worker, adjusted for price increases, declined to $8.77 [in July 2013] from $8.85 at the end of the recession in June 2009." Depressed wages are likely negatively affecting the economic recovery by reducing consumer spending, but another serious and costly implication may be that fewer Americans are able to consistently afford food and meet other basic needs.
Read more at http://globaleconomicanalysis.blogs...mericans-struggle-to.html#KE3vFLJI65toKbAv.99
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top