Daily Archives: July 7, 2014

Credit bubble iou’s keep coming up blank: now, casino saturation

The credit bubble bought hideous waste and mis-allocation of capital to non-productive, short-term speculation. This has left an aftermath of market saturation and excess capacity hangovers in real estate, retail, malls, restaurants, vacation services, golf courses…not to mention gambling facilities. … Continue reading

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Circuit-boards-to-plowshares

Now we are getting somewhere useful… Struggling to compete with rivals in South Korea or China in businesses like televisions and smartphones, a range of Japanese electronics giants are converting idled factories to agriculture. Here is a direct video link.

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