william the wie
Gold Member
- Nov 18, 2009
- 16,667
- 2,402
- 280
While certainly not carved in stone, particularly as to date a lot of trendlines are taking off.
Purchasing managers are buying less for the same amount of output:
Acquisition costs are decreasing. Most famously with fracking but material science is reducing the costs of refining in most materials.is going down
Waste is decreasing due to automation with 3D printing being the sexy example but all forms of automation reduce waste costs.
Composite materials like plywood are getting cheaper to make and they come in larger varieties like graphene.
Substitution is also a big cost saver like titanium golf clubs or optical frames.or using kevlar instead of steel.
With China undergoing a slow motion crash that is creating unintended ghost towns at a rapid rate as robots replace workers there. India is still deregulating so it will not take up the slack from China for 2-3 years.
When the PMI number for the world goes below 50 panic will strike but not necessarily here in the US. Comments?
Purchasing managers are buying less for the same amount of output:
Acquisition costs are decreasing. Most famously with fracking but material science is reducing the costs of refining in most materials.is going down
Waste is decreasing due to automation with 3D printing being the sexy example but all forms of automation reduce waste costs.
Composite materials like plywood are getting cheaper to make and they come in larger varieties like graphene.
Substitution is also a big cost saver like titanium golf clubs or optical frames.or using kevlar instead of steel.
With China undergoing a slow motion crash that is creating unintended ghost towns at a rapid rate as robots replace workers there. India is still deregulating so it will not take up the slack from China for 2-3 years.
When the PMI number for the world goes below 50 panic will strike but not necessarily here in the US. Comments?
