A dynamic is put in place in which debt keeps labor down — not only by eating up its wages in debt service, but in making workers
suffer sharp increases in the interest rates they have to pay or even risk losing their homes if they miss a payment by going on strike or being fired.
Not exact matches
People who
suffer a
sharp drop in wealth experience a 50 percent
increased risk of dying in the next two decades.
As airlines continue to
suffer following the
sharp increase in jet fuel, there was only a small presence from the airlines at the WTM with no show from the major US carriers.