Loading ...Thanks for the comeback Goldie. Re this one part…
“Then I think what Armstrong said about next to be hit will be the public sector and pensions.”
That sounds right to me. Manufacturing, oil drilling, production, manufacturing employees etc all got hit first after 1975. Eventually, after that, I knew many other sectors employees had to be effected later, and here we are.
The last few sectors hit were retail, real estate, and last but not least, the public sector. Assuming reversal theory, first out first in….Manufacturing, oil drilling, production, manufacturing employees should be doing better, as all others are in decline.