They say people are working in unqualified service jobs, and there are many working in two or three part-time jobs, so employment is not as good as it seems.
All this "economic recovery" is smoke and mirrors and raising interest rates may default USA
Is there any merit about those claims?
One thing seems certain, there is great unrest in western economies, they HAVE TO raise interest rates and end QE but is it really possible?
Turkey and Argentina is in the verge of an economic collapse, collapse of developing economies will definitely effect the global economy, I dunno...