1 Comment
User's avatar
Worley's avatar

Interesting to read this two years later, and from a US perspective. A lot of the things you describe are coming to pass, except that the US job market remains robust, especially for people in low-wage service industries, and despite something like 3 million immigrants last year. But there's little manufacturing left to move overseas and despite the higher interest rates, an enormous amount of investment money sloshing around.

Expand full comment