Last quote by Albert Edwards
Even after the (Great Financial Crisis) they simply have not learnt that loose money polices to blow asset price bubbles is a catastrophic policy destined to end in failure.feedback
NEW Jun 26 2017
In this page, you will find a list of 4 quotes from Albert Edwards, from different articles. We analyzed 3 articles in which Albert Edwards has been quoted in topics like US and World Bank. Albert Edwards’s most recent quote is: “The fight-back by labor to secure their rightful share of the economic pie is ongoing, but it seems likely that the savage downward trend in the share of labor compensation that had been in place since the 2001 recession seems to have at last been broken.”. To see more examples Albert Edwards’s views and opinions, check out the section below.
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Quotes by Albert Edwards
May 18 2017
The fight-back by labor to secure their rightful share of the economic pie is ongoing, but it seems likely that the savage downward trend in the share of labor compensation that had been in place since the 2001 recession seems to have at last been broken.feedback
May 18 2017
I had expected it to roar like a lion, but instead it has been as gentle as a lamb. I feel especially foolish as I had written that wages were set to accelerate sharply, forcing the (Federal Reserve) to tighten aggressively and thereby driving both bond yields and the dollar higher. The bottom line is that U.S. corporate margins are suffering a savage squeeze and have been for some time. What then do I make of the heady first-quarter company reporting round? Not much.feedback
Feb 02 2017
A lot of what he says on the economic front makes perfect sense to me. US corporate competitiveness is poor and deteriorating. The World Bank, for example, ranks the US a derisory 51st on how easy it is to start a business. The only things where the US excels are the ability of companies to get credit and resolving insolvency. So US companies excel at leveraging up and going bust - great!feedback
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