#tricklupeconomics: since 1980 income growth of the top 1percent, 0.1pc, 0.01pc, 0.001pc booms while the one of most of the rest stagnates.
1946-1980: Virtually everybody in the U.S. saw their post-tax income double, apart from the very wealthy.
1980-2014: Almost half the population failed to register any growth in their income at all, while the top 1% have enjoyed extraordinary growth
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Trump and the Fed: Why Stephen Moore is unfit for the Fed https://t.co/QOh3E5aizI via @TheEconomist
Nouriel Roubini is a professor of economics at New York University’s Stern School of Business. He is also CEO of Roubini Macro Associates, LLC, a global macroeconomic consultancy firm in New York, as well as Co-Founder of Rosa & Roubini Associates based out of London. At a 2006 address to the International Monetary Fund, Roubini warned of the impending recession due to the credit and housing market bubble. His predictions of these upside-down balance sheets became a reality in 2008, with the bubble bursting and reverberating around the world into a global financial crisis – a recession we’re only recently rebounding from after a decade climb. READ MORE
Nouriel Roubini Named in CoinDesk’s Most Influential 2018
Admit it – you already hate that this article exists. That itself is no small testament to the man it’s about, Dr. Nouriel Roubini, the outspoken economist and professor whose tweets, interviews and public testimonies this year have seemed to treat the entire...
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