On Sat, Apr 23, 2011 at 10:52 PM, Gruss Gott <[email protected]> wrote: > > Sam <[email protected]> wrote: > And, btw, there's nothing to invest in. US corps are sitting on > trillions, and have spent the last 3 years getting rid of excess > inventory.
If they got rid of old inventory then they would need more. > The only thing left for them now is to produce for customers, only > their customers have drawn down. Customers are there, it's like the cell phones and tablets, you keep making more and people keep buying because they want t have the latest. People have the money to waste, they just aren't encouraged to do so, except from Apple, so they are saving. Companies, other than Apple, don't want to try to draw out that money because of fear of getting punished. If they take their pile of money and build a new plant and the gov fines them after it's built for not being green enough they may be forced into bankruptcy. Better to wait until it's safe. > Profits are made from customers. No customers = no sales = no jobs. Where do you think the 300 million people went? They're still here and they still shop. > So what do you do? You give tax cuts to customers, i.e., us, and you > give us hope for the future by fixing the deficit so we'll spend. People aren't going to spend extra money when unemployment is around 10%. They're saving for the inevitable. Our economy is on a collision course and the only way to save it is to change drivers or crash and rebuild. Since it's too late to change drivers we're crashing. I here there's no turning back it's too late. The only hope now is to let the dollar crash and issue new currency. Once Japan floods the market with our useless bonds it's over. > That supply-side shit might've worked before we were fully globalized > but now we are. You can't expand a business by "investing" when you > have no customers on the entire planet! It has nothing to do with supply side or globalization. It has to do with too much spending and printing too much money. In two years we floated enough bonds and and printed enough dollars to render them worthless. Worse, we made the dollar worth one third it's value while tripling the debt. What you need to ask yourself is if Obama did this on purpose or is he just a fool. > Why would you invest? So you can expand to the moon? There. are. > no. customers. on. the. planet. > > Give it up with the business invest shit. it's over dude. After chatting with my neighbor I think your right. We're beyond saving. But now we know what not to do the next time. Yet I bet you still swear Keynesian economics will work the next ti ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336815 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
