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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TheSlowLane who wrote (46448)2/18/2004 8:11:18 PM
From: elmatador  Read Replies (1) of 74559
 
<<ingenuity and mental intelligence will find a substitute for all commodities.”>> Precisely! Just created out of thin air! Let me give you some examples:

1) Air interface for mobile phones subsititue for copper wires

2) Microwave instead of coaxial cables

3) Satellite communications instead of copper submarine cables.

4) Fiber optics instead of copper cables

And that was only one commodity: Copper.

Copper, aluminum and concrete needs associations to promote their use since the economic activities that used them, are substituting for other materials.

All inventiveness. All human brain creating. That's why we need mass migration to increase the brain capacity of those countries that have clogged their brains and can't no longer think creatively.
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