keyq

 
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  • in reply to: Deleveraging as a Biblical Plague #23159
    keyq
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    “Spending stops when people are maxed out and dead broke. ”

    But that’s irrelevant because there is only need for 1 critical-mass size producer of anything when the market is only the elites. All others are superfluous.(as in Soylent Green?)

    Critical-mass size, here, refers to the scale required to effect workable efficiency for a particular market size. Do not even need to worry about “surplus production”.

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