By: Flex Nasty B.I.G.

Flex Nasty B.I.G. — Thu, 03 Jun 2010 06:45:55 +0000

Er, I meant to say “impossible for a country to indefinitely consume more than it produces.” I blame the Hennessey.

By: Flex Nasty B.I.G.

Flex Nasty B.I.G. — Thu, 03 Jun 2010 06:43:01 +0000

Excellent post. I really liked the observation that “first comes trade, adaptation, and improvisation–then comes understanding.” I suspect that’s similar to how things will play out with the collapse of various sovereign economies. Their implosion will be followed by a begrudging understanding and acceptance of what we’ve been saying all along – that its impossible to consume more than one spends.

Comments on: The Invention of Invention

By: Flex Nasty B.I.G.

By: Flex Nasty B.I.G.