Not exact matches
If labor and indeed government must demand some recompense for the four decade's long downward tilting teeter - totter
of wealth creation, and if GDP growth itself is
slowing significantly due to deleveraging in a New Normal economy, then how can stocks appreciate at 6.6 % real?
China is getting richer faster now than it did before, even though it looks like
wealth creation is
slowing (the difference is in the
slower required accumulation
of bad debt).
Although China's economy is
slowing somewhat and there are concerns the boom in some
of the country's cities has waned significantly, there is still considerable
wealth creation taking place overall.