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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: UncleBigs who wrote (47796)12/20/2005 1:50:20 PM
From: GST  Read Replies (2) of 110194
 
<Less labor input means fewer people employed at a given output level.

How can an individual service their debt when their employment has been eliminated?>

This is very funny. When more is accomplished with less it fuels growth. When less is accomplished with more it retards growth. Want something to worry about? Worry about our LOW level of real productivity growth and the impact that has on retarding real economic growth and well-being -- as distinct from the drug-addled growth based on redistribution that we have now.
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