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186 comments on DrumBeat: March 3, 2008

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westexas on March 3, 2008 - 9:59am Permalink | Subthread | Parent | Comments top

Mish has a long list of things we don't need:

http://globaleconomicanalysis.blogspot.com/2008/03/is-belt-tightening-th...
Things We Don't Need

Belt tightening is not a threat, it should be embraced! We are in this mess because we failed to tighten belts. The real threat is we continue our spendthrift ways. Postponing the inevitable will only make matters worse.

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River on March 3, 2008 - 11:25am Permalink | Subthread | Parent | Comments top

Yeah, I read Mish's column earlier and especially liked 'If this truck driver had not been taking his family to Sushi Restaurants for $150 outings he could probably afford to buy his daughter a prom dress.' FOMALOL

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710 on March 3, 2008 - 3:22pm Permalink | Subthread | Parent | Comments top

All those things we don't need more of would employ millions of people. As we know from the concept of overshoot, these people aren't really needed, either.

However, we will need a larger proportion of the remaining society involved in cleaning up the billions of overshot dead bodies lying around.

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PaulusP on March 3, 2008 - 3:38pm Permalink | Subthread | Parent | Comments top

Drumbeats like this make one more doomerish by the day

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