Service Sector Challenges
A growing concern is the stagnation of productivity in the service sector, particularly as costs for healthcare, housing, and education continue to rise. While manufacturing sees advancements and decreasing prices, essential services are becoming increasingly expensive, leading to a disconnect in economic growth perceptions. This dissatisfaction is echoed not only in the U.S. but also in China, where citizens express a negative sentiment about their economic realities.In this clip
From this podcast
Odd Lots
Adam Tooze on the Big Misconceptions of the Chinese Economy
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