ECONOMICS: THE RETURN OF THE DEPRESSION
The economy is based on cash and barter.
The economy is based on a lot of secondhand
buying and selling.
The small business man or woman is king.
The big corporations are stuck trying to figure
out how to make money.
There is book I have seen, but not read called
The Return of Depression Economics.
I do not find that exactly happening in our
economy, but it is a useful reference.
Economic stagnation with some inflation at least
right now.
No Demand, no money, oversupply, and general
lack of confidence.
You make money through small businesses at a
volume on a discount.
15% profit level above cost maybe.
Basically, the economy has no credit and its all
cash.
The problem is most people do not have a lot
of cash to go around.
Make money on the small margins.
A repair of a tire for a nail should cost $10, but
$16.
Make small amounts of money at the margin.
Keep houses longer.
Keep cars longer.
Remove and Replace parts its cheaper.
This economy is also resistant to cheap imports.
Its a large internal market with a lot of small
businesses across a whole range of industries.
Kmart will fail eventually.
Walmart will survive.
GM will most likely fail.
Ford will survive.
A reordering of the economy if you will to
better fit our domestic needs.