What we need to do is invest in durable goods. It seems to me that the last economic cycle has seen the most idiotic waste of resources ever.
Disposable products made in disposable factories and sold in disposable buildings. It's all crap and all the energy money and time that went into it was wasted.
You can't borrow money to build a nice solid house and you are hard pressed to borrow money to fund growth as a small business.
But you can borrow money all day long to buy a poorly made overpriced house and a car that might last ten years.
Our passenger rail system is a joke, any day now another bridge is going to fall down because we have no money for our foundation.
Our foundation is our infrastructure, highways, schools, and a healthy economy which has a diverse mix a businesses, favouring the small and medium sized ones who can weather and change with the times rather than the enormous, too big to fail ones who are leveraged out at insane levels.
Disposable products made in disposable factories and sold in disposable buildings. It's all crap and all the energy money and time that went into it was wasted.
You can't borrow money to build a nice solid house and you are hard pressed to borrow money to fund growth as a small business.
But you can borrow money all day long to buy a poorly made overpriced house and a car that might last ten years.
Our passenger rail system is a joke, any day now another bridge is going to fall down because we have no money for our foundation.
Our foundation is our infrastructure, highways, schools, and a healthy economy which has a diverse mix a businesses, favouring the small and medium sized ones who can weather and change with the times rather than the enormous, too big to fail ones who are leveraged out at insane levels.