The global assembly line of goods and services is very much alive and
humming. One component, the auto assembly lines, set another new
record for output in 2015 with just under 91 million vehicles rolling
off the global assembly lines, up about 2 million from the previous
year. The same story could be told about agricultural products, oil
and oil products, wind mills, the entire solar energy production line,
medical care devises of most types, the entire drug industry, internet
gambling revenue......you name it and yes even the cruise ship
production factories are setting output records.
Of course you would never guess that reading the writings of
the three Tyler Durbins (now two as one quit) of Zerohedge or
other such nonsense publications of doom.
Our consumption and production of pretty much everything is still
expanding relentlessly as 2016 unfolds. One merely needs to look at
Amazon.com's earnings statement released on Thursday afternoon
to note the explosion of revenue.
It should also surprise no one that the byproduct of this, CO2 is
rising at a record pace too in our atmosphere.