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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: Haim R. Branisteanu who wrote (36814)7/11/2008 9:17:13 AM
From: elmatador  Read Replies (1) of 218882
 
Effects of having over 2/3 of the economy consumer driven.

Such economies don't want anything to be touched. Else the money going to consumers' purse ends up as airports runways. Tunnels. High-speed trains. Infrastruture improvement. Such cnsumer driven societies are EXTREMELY Green! Green means don't touch anything. It is good for them.

They are anti-migrant too. We don;t have other people coming here to consume the stuff we are goring in.

Macroeconomics in such societies are very much for strong currencies. Their Central Banks love a cheaper currency to send in cheap goods for them to buy.

The >1/3 of their economies that aren't consumer driven, is protected with nail and claw via lobbies, tariifs and non-tariff barriers.
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