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Countries hit by the European debt crisis such as Spain and Portugal are at the forefront of wage deflation.
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Falling Wages in Europe
Re: Falling Wages in Europe
Deflation is hard to end outside of going to war.Heracleum Persicum wrote:.
Countries hit by the European debt crisis such as Spain and Portugal are at the forefront of wage deflation.
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"I fancied myself as some kind of god....It is a sort of disease when you consider yourself some kind of god, the creator of everything, but I feel comfortable about it now since I began to live it out.” -- George Soros