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Video explaining Consumption vs Production

hypocritexposer

Well-known member
I found this video helpful in explaining how the stimulus dollars could have been spent in a more beneficial way.

Consumption being 70% of GDP, Credit being 360% of GDP, what we need is some production.

Factories etc, not more spending on big screens. Anyway, interesting.

Go about 1/2 way down page. It's about 23 min long.

http://www.financialsense.com/
 
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