Two charts that show the world's economy is thriving

Policymakers are thrashing about with concerns about a weak global economy but these two charts prove they are wrong.

The world’s policymakers will have a lot to discuss when they gather this weekend for the Jackson Hole Conference. The Theme is “Re-evaluating Labour Market Dynamics”, and while that sounds extremely exciting, I think one of the key discussions they should be having instead, is why none of them seems to be able to read economic data!

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