Friday, March 21, 2008

Where the EE walks people through obvious arguments...

In the upcoming recession, people will buy:

(a) more stuff, or
(b) less stuff.

Hence, margins must:

(a) rise, or
(b) drop.

Hence, to maintain profitability, business will try and:

(a) increase wages, or
(b) decrease wages.

And correspondingly, we can safely say that:

(a) less jobs will be outsourced to Chindia, or
(b) more jobs will be outsourced to Chindia.

And hence:

(a) more people will be able to pay their mortgage, or
(b) less people will be able to pay their mortgage.

And hence:

(a) foreclosures will fall, or
(b) foreclosures will rise.

And hence ...

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