asterisk2a + discretionary + employabilitie   1

Yellen: There's Still Slack in Labor Markets - YouTube
>> signs that a debt fuelled recovery doesn't fix the long standing (since 90's 2000's post underlying fundamentals of an economy. // low wage low productivity jobs especially part-time and minimum wage - doe not have an economic multiplier as a whole, they cost the economy or are at least net-net 0. // it is the same in UK. and signs show in Germany as well. // &! subprime was one of many predatory lending practices to financial illiterate ppl and exploitation of the underbanked/unbanked, and banks also choose to charge minorities higher interest rates - + and add also practices of Payday Loans. Those things are a symptoms of the system at large. Resulting in the Poverty Trap.
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july 2015 by asterisk2a

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