cristian

2009 Economic Forecasts Ignore Demographic Shift

You hit the nail on the head, unlike the the empty rantings of the article.
What is left is adjustment, to the living standards of third world country.


On Dec 29 07:05 AM Strangewalk wrote:

> Genuine wealth creation and sustainable recovery via American manufacturing
> cannot return since the same factors (unions, environmental extremists,
> worker's comp shake-down lawyers, etc) that forced its move to China
> would just drive it back there again. The only kind of recovery that's
> plausible is a new round of credit expansion resulting from Chinese
> funding of US consumption. This model hopefully won't return again,
> so what's left?