william the wie
Gold Member
- Nov 18, 2009
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Yesterday I put up a thread on bio-fuels to get some information about how quickly fuels made by algae, yeasts, molds and other micro-organisms would replace oil drilled out of the Earth, ans. 2-3 years for many types of uses. Earlier today I checked Chinese non-construction GDP growth. Well since 2003 there hasn't been any. 2003 Chinese GDP 3T current Chinese GDP 5T. Construction spending in China in 2003 1T construction spending in China 2010 3T so there has been effectively zero non-construction Chinese GDP growth in 7 years at least.
My theory is that we have reached a so what point in expanding the menu of goods and services in most of the developed world. Does that make sense to the rest of you?
My theory is that we have reached a so what point in expanding the menu of goods and services in most of the developed world. Does that make sense to the rest of you?