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  1. topcropper

    Steven Keen may have been right all along...

    The falcon car dropped in real prices due to increasing efficiency. Less workers needed to build it, globalisation ment the parts were outsourced from the biggest, most efficient factories from every part of the globe. The raw resources, steel, metals got cheaper due to bigger mines and...
  2. topcropper

    Steven Keen may have been right all along...

    This subject gets done here all the time. Median wages to house prices aren't really very relevant. What's relevant is disposable income per house hold. As society gets ever more efficient, we all get more wealthy. As we get more wealthy, we have more disposable income that can be spent, and...
  3. topcropper

    Steven Keen may have been right all along...

    Umm. well,....thinking,...??.... Yes, yes, that's what i was going to say. That's why we are in the crapper. Western nations produced not enough and spent too much and it was all 'booked up'. So are you bullish or bearish then? You must be bearish? See ya's.
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