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Correct, the world can't keep pulling short-term demand forward without making long-term demand even worse. Pretty soon, in this world of oversupply and decrea
by chailatte 16y ago
Correct, the world can't keep pulling short-term demand forward without making long-term demand even worse. Pretty soon, in this world of oversupply and decreasing demand (mind you, from people who have money, not talking about the entire world population), there will have to be massive restructuring/downsizing to correct supply/demand, whether it involves baby boomers trading their houses for smaller condos, government worldwide getting smaller in size, tons of startups with no monetizing models dying, etc. Oh and layoffs. Lots of layoffs.