Reply #93: Most economies have sectors improve despite whats going on [View All]

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Monetarily things might be improving for some, but overall health of a society and the employment outlook is what most seem to be in discussion here with. I can see numbers improving financially, but trends of sustained growth take more than shuffling books. If you could point to a real growing sector that is not related to Home building and improvement (which will quickly dry up and blow away as soon as the artificial low rates go back up) more people would believe you.

I work for a company that has quite a few accounts in servicing HVAC companies equipment, they also seem to be doing okay, but nothing a point or two rise in interest rates wouldn't make evaporate. Would it be wrong to say when building gets a cold, heating & air conditioning get an pneumonia

I just am not able to rationalize how any economy could improve when the means for production for goods and services and the employment garnering the ones that work in it could ever improve when it gets transfered out the area. Doing that for short term profit really just seems like selling capital investments to put it out that things are on a uptick (which they are really not) Capitalism doesn't work if there is no real growth.