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"who is going to be buying all the stuff?" Easy - a greater portion of the world's resources can go toward the luxury market for the wealthy. This is already
by lithocarpus 8mo ago
"who is going to be buying all the stuff?"
Easy - a greater portion of the world's resources can go toward the luxury market for the wealthy. This is already the trend.
It's dark but certainly not impossible to have a smaller and smaller group doing all the spending and keep spending the same, and to keep stability by force using technology.
I want no part of it.
- lbreakjai 7mo agoLuxury products can only exist at the margin of a broader economy. You can have luxury sports cars only if you have a market and an entire supply chain for millions of non-luxury cars.