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Davos Exuberance

It's Davos time and the business world is more exuberant than it has been since the frenzied days before the last financial collapse. Nothing like…

By Jonathan D. Miller | Updated on January 26, 2018

Jonathan D. Miller

It’s Davos time and the business world is more exuberant than it has been since the frenzied days before the last financial collapse. Nothing like receiving more tax cut stimulus to boost earnings and stock prices.

So was I wrong seven years ago when I posited that the post-2008 recession had ushered in “The Era of Less” in the US where most Americans would struggle economically weighed down by debt, higher healthcare costs, busted pension benefits and flagging wages due to overseas competition and technology?

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