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Economic Update: Economic Codependency

Major discussions of a new book on China-US codependency and how and why our economic system works and breaks down.

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Updates on rising rates of young men earning below-poverty wages; Detroit’s retired city workers accepting a 4.5 percent cut in pensions; and the Missouri government struggling over tax cuts for special interests. Major discussions of a new book on China-US codependency and how/why our economic system works and breaks down. Response to listener’s question on corporate taxes.

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