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


To: Golconda who wrote (63649)5/15/2010 1:21:59 PM
From: elmatador  Read Replies (1) | Respond to of 219609
 
We are in agreement. Consumption-based economies. EU Population: 491,018,683.

Consuming way above its capacity. Have been consuming on credit.

Credit vanish. Must pay debt. Stop consuming. Ned to pay higher taxes. need to save.

World would not notice.

Here is how it works:

The classes C,D, E, once their income raises. they start eating more. Going to the dentist. Repair their houses, Buys refrigerators and furniture.

Europeans will stop going on holidays abroad. Electronics nose dives since the latest gadgets have no consumers.

It is all about which is going to be consumed.