G7 has found the tools for Global Economic Growth

[ironchef]

Consumption isn't always good and saving isn't always bad, even to economists and governments, as well as individuals.

Economic growth doesn't have to be based on consumption. It can be based on investment, like it's been the case in China for a few decades. It's always about the right balance. Too much of any one thing may be right for a period, but isn't likely to be a sustainable model.

Thanks for the thoughtful reply.

Regards,

 

[Jamie J.]

My point is that they can't do anything to help anyone without expensing someone else .. you don't need to be a big shot to realize how inflation ruins the little guy in real terms

Do you think that it's not the significant solution?

 

[cdcaveman]

Do you think that it's not the significant solution?

I understand what you mean

 

[Windlesham1]

Thanks for the thoughtful reply.

Regards,

China's baseline was very different from the developed world-'investment' is the word traders use for a trade that went bad. China's mission is political it's still a communist dictatorship. There has been no real growth since about 2002 in the devloped world, just more debt