NS
An economist might say that peoples desires are generally unlimited while resources to meet those desires are limited. What appears to be happening is that peoples' ability to obtain and service credit to meet their unlimited desires is becoming constrained due to the need to deal with the excess credit creation of the past at a time when their net wealth is falling. Hence the demand for goods and services is also falling.
loki
- Forums
- ASX - By Stock
- XJO
- dow theory by tim wood
dow theory by tim wood, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,114.7 |
Change
22.400(0.28%) |
Mkt cap ! n/a |
Open | High | Low |
8,092.3 | 8,148.7 | 8,092.3 |
Featured News
XJO (ASX) Chart |