Six Reasons Why Corporate Profits Will Fall 50% by Charles Hugh Smith

 

Six Reasons Why Corporate Profits Will Fall 50%

1. Reversion to the mean.

2. The Boost phase of Globalization has ended.

3. Quality and durability have been gutted.

4. Hyper-financialization has also entered the decay-collapse phase.

5. The asymmetric distribution of the economy's output favoring corporations at the expense of labor is finally shifting.

6. Debt saturation.