Illusion of Prosperity: Nonfinancial Corporate Debt Securities vs. Wages (Musical Tribute)

Thursday, November 28, 2013

Nonfinancial Corporate Debt Securities vs. Wages (Musical Tribute)

Click to enlarge.

Source Data:
St. Louis Fed: Custom Chart

4 comments:

dearieme said...: Enjoy your turkey, and then get going up and down those stairs.; November 28, 2013 at 4:36 AM
Rob Dawg said...: It is almost as if the low cost of capital is displacing the value of labor.; November 28, 2013 at 7:06 AM
Stagflationary Mark said...: dearieme,

I've been good about climbing those stairs once my ankle started to recover (about 2 months after the serious sprain over the 4th of July holiday). I can't say I've been as good when it comes to food intake or weight loss though. D'oh! ;); November 28, 2013 at 6:04 PM
Stagflationary Mark said...: Rob Dawg,

It is almost like that. The tide is turning though. Well, sort of. What was once just a tidal force has become a tidal wave. Labor's portion of GDP is not so much outsized as capsized. Sigh.; November 28, 2013 at 6:11 PM

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