Originally posted by Peter 147
Is it when unemployment gets this low it triggers it by wages blow out, lack of workers?
Can anyone comment on this aspect as recessions cause busts?
Peter,
It looks like wages growth is under control this cycle.
Bear in mind that inflation is very low & economic growth quite high compared to the times you mention.
Also the world situation is on the improve, which also helps.
Recessions don't cause busts, people do
Cheers,
Aceyducey