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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (47392)12/15/2005 6:27:35 PM
From: regli  Read Replies (1) | Respond to of 110194
 
>This miniboom was powered initially by three factors. Increase in real average hourly wages in 2001-02<

I don't think that there was a mini boom in real wages in 2001. If you look at the statistics then you'll see that there was a significant real wage decline into 2002 from 2000.

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