The Collapse of Manufacturing

by **deMolay** » Fri 20 Feb 2009, 22:03:37

Worldwide collapse of manufacturing. http://www.economist.com/opinion/displa ... extfeature

by **cipi604** » Fri 20 Feb 2009, 22:47:43

Save the bankers, screw the industry. Who needs manufacturing as long as we all have money... money money money!

by **Blacksmith** » Sat 21 Feb 2009, 00:30:13

Does over production ring a bell. How much stuff can sheeple consume.

by **cipi604** » Sat 21 Feb 2009, 01:24:50

If the stuff is for free/very cheap, there is no such thing as overproduction.

by **Blacksmith** » Sat 21 Feb 2009, 03:05:57

How many $9 vacuum cleaners does a person need, want or collect?

by **Serial_Worrier** » Sat 21 Feb 2009, 07:01:06

Blacksmith wrote:How many $9 vacuum cleaners does a person need, want or collect?

Don't ask dumb questions, the manufacturing fetishists are no different then the infrastructure fetishists who like to dig holes and fill them. Anyone who is a student of real economics understands that in a free market it's about supply meeting demand whether we're talking manufacturing, services.

by **nobodypanic** » Sat 21 Feb 2009, 12:54:43

Serial_Worrier wrote:
Blacksmith wrote:How many $9 vacuum cleaners does a person need, want or collect?

Don't ask dumb questions, the manufacturing fetishists are no different then the infrastructure fetishists who like to dig holes and fill them. Anyone who is a student of real economics understands that in a free market it's about supply meeting demand whether we're talking manufacturing, services.

it's not a dumb question by any stretch.

what you're missing is that demand doesn't have to be rational. so that, for example, the demand for plasma tvs could still be high even as we slide off the olduvai cliff.

by **cipi604** » Sat 21 Feb 2009, 14:59:23

Blacksmith wrote:How many $9 vacuum cleaners does a person need, want or collect?

Look my friend, the population of the rich countries, who actually buy the sfuff, is just a tiny part of the world population. If you give for example to the very poor of this world the chance to buy the stuff that they produce, they will buy it. Ok? ... so give me a break with the over-production idea... everybody wants to live like a king, they don't chose the life that they have, dirt poor that is. It's not a choice there.
So again, as you already own a vacuum cleaner, the rest of 5 billion people want to own one, like you wanted before you had it, but they don't afford it. Capisci?!

by **Blacksmith** » Sat 21 Feb 2009, 17:34:33

Pardon me for asking stupid questions, but doesn't being poor equate to having a lack of buying power and a lack of credit? Or have I missed something?

Oh and by the way I am not your friend.

by **Tyler_JC** » Sat 21 Feb 2009, 19:55:12

The US has a budget crisis. Japan has a budget crisis. The nations of the EU are facing sovereign downgrades. OPEC nations are suffering with the drop in oil prices.

There aren't any rich countries left that can bailout the world.

There will be no global redistribution of wealth. There isn't any wealth left to redistribute.

by **ReverseEngineer** » Sat 21 Feb 2009, 20:02:52

Tyler_JC wrote:
There will be no global redistribution of wealth. There isn't any wealth left to redistribute.

We can redistribute the Poverty though!

Reverse Engineer

by **bodigami** » Tue 24 Feb 2009, 02:17:20

ReverseEngineer wrote:
Tyler_JC wrote:
There will be no global redistribution of wealth. There isn't any wealth left to redistribute.

We can redistribute the Poverty though!

Reverse Engineer

Cry me a river... at least with economical collapse the rest of the species could breath a little.

by **EnergyUnlimited** » Tue 24 Feb 2009, 02:27:30

Tyler_JC wrote:There aren't any rich countries left that can bailout the world.

There will be no global redistribution of wealth. There isn't any wealth left to redistribute.

That is one of my major arguments on this forum.

There is number of peoples here, who would like to redistribute something what is not there.

by **EnergyUnlimited** » Tue 24 Feb 2009, 02:29:31

ReverseEngineer wrote:
We can redistribute the Poverty though!

Reverse Engineer

Poverty will redistribute itself with progress of societal collapse.
No assistance needed here.

by **lowem** » Tue 24 Feb 2009, 10:39:11

Tyler_JC wrote:There will be no global redistribution of wealth. There isn't any wealth left to redistribute.

Perhaps much of that wealth never really did exist.

Just numbers on a hard drive.

A fantasy born out of "financial engineering".

by **vision-master** » Tue 24 Feb 2009, 11:03:00

Serial_Worrier wrote:
Blacksmith wrote:How many $9 vacuum cleaners does a person need, want or collect?

Don't ask dumb questions, the manufacturing fetishists are no different then the infrastructure fetishists who like to dig holes and fill them. Anyone who is a student of real economics understands that in a free market it's about supply meeting demand whether we're talking manufacturing, services.

free market?

click. :lol:

The Collapse of Manufacturing

The Collapse of Manufacturing

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