In OECD countries, some mechanisms cannot be maintained in the long term: A correction is inevitable
We look at four current mechanisms in OECD countries that are un sustainable and cannot continue into the long term: The skewing of income distribution to the detriment of wage earners; The non-indexation of wages and pensions to prices; Rising debt ratios; The skewing between asset prices and goods and services prices. A correction is therefore inevitable . This points to faster wage growth, a re - indexation of wages and pensions to prices and a stabilisation of debt ratios and asset prices in the future .