Why there will be no real recovery from this recession

[Mich the Tester]

As in all things, if you reduce the price then it would boost demand. It works for labour in the same way it works for spuds and televisions.

Ummmm, how many spuds can one person eat and how many tellies can he watch?

Same for labour; up to a point you're right; cheaper labour might lead to some jobs being created, but at some stage you reach saturation and there's nothing much left for all that labour to do. I suppose they could be paid to polish the concrete lions on the driveway gateposts of Dimprawn´s mock tudor Barratt mansion.

[TimberWolf]

I suspect a lot of problems that are building up have been cloaked by a rising population, especially recently, not least in inflating the money supply without immediate ill effect. But at some stage the population must stabilise or reduce and then all those chickens are coming home to roost.

[DimPrawn]

I suppose they could be paid to polish the concrete lions on the driveway gateposts of Dimprawn´s mock tudor Barratt mansion.

Reproduction, not mock!

[d000hg]

The problem is just too many people. If everybody only had one child, problem solved.

Yes, that worked great in China.

Euthenasia.........voluntary or otherwise. Has to happen. You heard it here first.

Thanks for the sacrifice SB, leading from the front. I can't think of a better person to exemplify the need for mass culling of society's least useful demographic.

[xoggoth]

Depressing but main post almost certainly right. Rising population, diminishing resources of all types especially fuel. A major problem at the moment is the growth of China and the fuel inefficiency of its industries. According to an article I can't find at the mo their fuel requirements are several times ours.

[Mich the Tester]

Depressing but main post almost certainly right. Rising population, diminishing resources of all types especially fuel. A major problem at the moment is the growth of China and the fuel inefficiency of its industries. According to an article I can't find at the mo their fuel requirements are several times ours.

Perhaps Europe could sell them coal?

[Gonzo]

As in all things, if you reduce the price then it would boost demand. It works for labour in the same way it works for spuds and televisions.

Ummmm, how many spuds can one person eat and how many tellies can he watch?

There is a limit to the amount of spuds one person can eat but if they are cheaper then a person that could not previously afford them can now buy them.

Similarly with televisions. Also with consumer goods cheaper prices mean that upgrading is more affordable. How often do we buy a new television now compared with our Grandparents' generation?