Monday, July 26, 2010

The Do-It-Yourself Economy

“Forget the Recession.. Good Times Ahead due to the Great Inflection http://bit.ly/5VJh4C”

Thomas Friedman Fails to understand that existing businesses are not going to rescue us. What he is noticing is growing unemployment. Credit will be available when there is income to buy. That will come when people are paid.

This viscous spiral will continue as long as we outsource by preference.

Deflation is really nasty and we are looking at more of it in the near future.

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