Do bear in mind that this distribution of income has gotten increasingly unbalanced since the early 1970's.In fact, the broad swathe of the population has had a declining standard of living by real terms measurements over that time period.The illusion of unlimited credit at negligible interest rates was doubly seductive in this context.
Post a Comment
1 comment:
Do bear in mind that this distribution of income has gotten increasingly unbalanced since the early 1970's.
In fact, the broad swathe of the population has had a declining standard of living by real terms measurements over that time period.
The illusion of unlimited credit at negligible interest rates was doubly seductive in this context.
Post a Comment