Monday, May 23, 2011

Waiting for gains to scale

In 20 years historians will be interviewing the then-aged monetary, banking, and fiscal policy makers of the 2000s. They will will ask them why they did not take more aggressive steps to return nominal incomes and demand to trend levels when they were sitting in the hot seats.Brad wants to know
NYC is predicting a Manhattan boom in tower construction, based on the return to scale.  Whether is pans out or not, we will see.  But the construction boom starts when there is consensus demand to restart the logistics on a wide scale.  Construction is quantized  neighborhood by neighborhood .

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