Why are Real Wages Stagnating and the Stock Markets Booming?

The news is full of how the Sensex, S&P, Dow Jones Index, and the Nikkei Index zooming to ever greater heights and breaking “records” every day. At the same time, the “real” economy is stagnating and the reports of farmer distress, worker angst, and the sufferings of the man/woman on the street are all too “visible”, even if mainstream media chooses to gloss over the latter and…