European Tribune - Comments - The FT worries about the Anglo Disease

The FT worries about the Anglo Disease | 24 comments (24 topical, editorial, 0 hidden)

Re: Sorry, I've been delayed IRL (none / 1)

The capture of an increasing share of revenues by financiers was also made possible by giving the rest of the population access to more debt, thus allowing them to keep on consuming despite stagnant revenues, further creating demand for financial instruments.

Why pussyfooting around the bush? It's stagnant real wages.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Mon Dec 10th, 2007 at 01:00:55 PM EST
[ Parent ]

Re: Sorry, I've been delayed IRL (none / 1)

Is that true of the UK?

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 10th, 2007 at 03:11:47 PM EST
[ Parent ]

Re: Sorry, I've been delayed IRL (none / 1)

What other revenues does the "population: have? I you want to talk about stagnant revenues it should be for other economic sectors.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Mon Dec 10th, 2007 at 03:39:56 PM EST
[ Parent ]

Re: Sorry, I've been delayed IRL (4.00 / 2)

I agree about the word "revenues" but had the impression real wages had risen in the UK (as compared to the US).

When locusts move on, they leave nothing behind

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 10th, 2007 at 04:48:33 PM EST
[ Parent ]

The FT worries about the Anglo Disease | 24 comments (24 topical, 0 editorial, 0 hidden)

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