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Daily Archives: June 25, 2019
Consolidation has rendered a self-defeating system
After rising sharply between 1984 and 2000, US productivity gains have weakened since, averaging less than 1% a year since 2013–the lowest since 1980-84 (source: Hoisington Management) After 20 years of industry consolidation we have enabled a self-defeating economic system. … Continue reading
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