Hey, didn't you get your pee-pee spanked for posting something about housing costs without starting any kind of discussion?
I see no discussion here, and I have to caution you that this might be strike 2.
As for your statement :
Quote:
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Our economy is in MAJOR trouble if we continue to prop up our GDP with unsold inventories and overinvestment, instead of consumer spending. Our economy cannot continue to devote only a 38% fraction of GDP to consumer spending. Unsold inventories are worth nothing if they aren't sold. This is not a sustainable course.
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I say it is fine. You seem to have a problem with inventories. We aren't talking about ripe bananas here; inventories are stable, and businesses pick their inventory levels on purpose. They don't want to run out of shit before their production cycle is over.
Imagine a production line with no raw goods or parts available to make the finished product. Kind of scary, in my opinion.
Your choice of words "Overinvestment" is so absurd to me that it is funny.
"Stop saving money and start spending!" ummm. With what, credit cards?