The Mudcat Café TM
Thread #98740   Message #1958441
Posted By: folk1e
05-Feb-07 - 07:24 PM
Thread Name: BS: Economic Truth
Subject: BS: Economic Truth
I have been working round Manchester U.K. and the number of new buildings is realy amazing! This got me thinking, the city was built on heavy industry yet all of the new buildings are of service industry or housing! How little does a country have to produce (in hard merchandice) to sustain growth? It seems to me that unless you actualy produce some goods the same money will circulate throughout the economy causing inflation! Or am I having a blond moment?