With the unprecedented surge in unicorns and incessant faith in the ever-increasing productivity of a globalization-crushed American worker, it is perhaps a surprise that the "office space" provided to the intellectual capital-providing, wage-stagnating middle-American, has never been smaller...
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It seems since The Fed unleahes its 'temporary emergency policy', the need for "office space" has collapsed... because, in the new normal, all that matters for shareholder wealth creation is 'buybacks' not productivity.
Source: Goldman Sachs
