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Comment by h3throw

This reminds me of the phrase "if you only have a hammer, every problem is a nail".

> Poor people buy less stuff, and presumably rich people get rich by not buying more stuff commensurate with their incomes

One implication of the above statement would be that everyone is now buying less and yet somehow the economy is growing? Those two ideas aren't strictly necessarily opposed to one another but it certainly doesn't seem like a good place to start. The economy could only be growing through investment if this were the case.

> Even the falling fertilizer consumption might be explained if poorer people are shifting to more processed junk food.

Is there any junk food that isn't composed of organic matter primarily? Most "junk" food in the US that I can think of is corn based which would of course still require fertilizer...

parent h3throw 7 years ago

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