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Invisible Wealth: Crisis on the horizon B Gibbs

Invisible Wealth: Crisis on the horizon

B Gibbs

Published
ISBN :
Kindle Edition
13 pages
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 About the Book 

People are spending more on consumer goods even though the wages in real terms are decreasing. The question is why and this book will be describing why the housing market is to blame for this potential economic crisis. It will also be explaining theMorePeople are spending more on consumer goods even though the wages in real terms are decreasing. The question is why and this book will be describing why the housing market is to blame for this potential economic crisis. It will also be explaining the economics behind why this happens and how this can lead to consumers building up large debts especially in the current economic situation with the interest rates being low. Producers can also be affected by this as eventually employees will ask for higher wages as they realise the prices of goods have increased faster than their wages, this then leads to the produces having to put their prices up and so on leading to a possible economic situation.