Inequality and Consumption
Posted by Morgan Stanley on October 13, 2014
Morgan Stanley: Inequality Is Hurting the Economy
Wall Street giant Morgan Stanley joined the ranks of Standard & Poor’s, the International Monetary Fund, and many others with the release of a new report determining that low wages and growing income inequality are slowing economic growth by dampening consumer spending.
http://www.morganstanleyfa.com/public/projectfiles/02386f9f-409c-4cc9-bc6b-13574637ec1d.pdf
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