A Consumption Collapse and a Production Collaspe... / by Nick Ierodiaconou

http://blogs.telegraph.co.uk/ambrose_evans-pritchard/blog/2008/12/19/germany_is_already_collapsing Unfortunately no one is safe.... this correction is going to address our consumption and production economy simultaneously - making large amounts of our production economy reductant - as supply and demand correct to take account of new and appropriate limits of affordability.

This begs the question - what is the production economy of the new age?