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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (55338)9/22/2009 11:55:36 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 217832
 
did savings go up?

or has the rate of debt undertaking fallen?

i.e. net real savings? or less net real debt?



To: KyrosL who wrote (55338)9/22/2009 12:46:58 PM
From: elmatador  Respond to of 217832
 
The biggest change in consume coming and how it will change the world's economic landscape:

If deficit financed by US savers, who will take the slack and consume? emerging markets.

but that means a lot will change.

wait for tonight for me to elaborate.



To: KyrosL who wrote (55338)9/22/2009 7:39:30 PM
From: TobagoJack4 Recommendations  Read Replies (1) | Respond to of 217832
 
the argentine folks had to be herded into argentine govt bonds (forced loan) via convolution of bank holiday, conversion of foreign currency deposit into domestic money savings, and transmutation of savings above a certain limit into force domestic currency govt debt paper, all of course followed naturally by fiat money inflation

the american people are apparently and obediently marching, but actually marched towards the same sorry outcome even as the able are opting out

iow, there is no such creature called "american savers"

fodder, yes

creditor to bankrupting congress, surely

forced loan maker, certainly

but saver, no, not unless he getgold, savesilver, pileplatinum, or invests in asia :0)

but, seriously, i think it takes distance, in kilometers and years, to see the truth of the state of is, and not be confused by facts presented in neat columns of lying roles of numbers coughed up by the 99.99% of assuredly discredited economists all having been dosed by the the same bankrupt text books spewed out by the same set of education and propaganda institutions



To: KyrosL who wrote (55338)9/23/2009 12:10:28 PM
From: elmatador  Respond to of 217832
 
As the countries need to save to pay their dues, their discretionary income goes to pay debts and less remains to consume beyond the basic needs.

See ghost fleet of the ships that use to fed the consumption frenzy.
Message 25939263

The industries need to retool to produce what the poor man needs.

Inventories of rough diamonds ballooned and US demand collapsed. Prices for polished stones also tumbled, something the De Beers of the diamond world have long had consumers convinced can never happen.
smh.com.au

Consume is now propped up artificially so that clunkers are purchased by the cosnumer soon to become saver.

Once poor people get money the first thing they eat! They are going to eat more biscuits. More spaghetti. More ice cream and Yogurt. Just look at the immigrants in rich countries. They are in their majority obese. Because if they see food, they eat much more.



To: KyrosL who wrote (55338)9/23/2009 12:17:57 PM
From: elmatador  Read Replies (2) | Respond to of 217832
 
If you are paying debts, you can´t consume. I know that because the ‘Lost Decade’ was a time when Brazilians paid debts and there was no money to consume.

And they are not yet consuming com gusto. That because the money is going to pay for infrastructure, housing and capital goods. It is only after they rebuild that they will consume like rich countries people. That means in the next five years, we have low consume of certain stuff. And much much more consume of others.

PBR is spending USD 100million a day. Once that investment start paying back there will be money to gorge on. Thus Experiment driving BMW. (Perhaps made in China).

So now the consumtion is bricks and tiles, and copper cable, and pipes, and cement and wood to make houses.
Message 25594087 Lula

More food. and appliances to furnish those houses.