Is there an emerging trend of capital substitution in the greater worldwide economy? As some areas deflate (oil, houses, etc.) do other areas inflate (medicine, health care)? Financial market watchers call this trading asset classes (selling one like oil and using the proceeds to buy another like health care).
The link is a very speculative but still very interesting look at these trends and the author calls it Simulflation. The web site is not terribly well organized for linking but follow the link and search on the term "Specunomics".
Thursday, December 25, 2008
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