Over-consumption/production one of many serious economic problems

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Happy Wednesday from trade2save!

A video by McAlvany International Collectors Associates (ICA) economists was recently brought to our attention predicting the very economic declines and issues our nation is currently facing.

Perhaps the most interesting and relevant section of the lecture to trade2save concerned the issues of mass overproduction by foreign countries and overconsumption by the US.  Fueled by economic bubbles created with the intent to encourage such absurd amounts of production and purchases, a culture of lavish spending and waste became the norm.

With the economic downturn and buy/sell/trade markets on a dramatic rise, it is a strong implication that companies such as trade2save, which specialize in the used/refurbished market, will play a major role in the future of American consumption habits to combat our former overconsumption discourse.

Check out the full lecture

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