A Consumption Collapse and a Production Collaspe…

December 24, 2008

http://blogs.telegraph.co.uk/ambrose_evans-pritchard/blog/2008/12/19/germany_is_already_collapsing

Unfortunately no one is safe…. this correction is going to address our consumption and production economy simultaneously – making large amounts of our production economy reductant – as supply and demand correct to take account of new and appropriate limits of affordability.

This begs the question – what is the production economy of the new age?

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