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Yes, but that's just kicking the problem down the line, until the debt becomes too much... Unless we'll see a "new deal" where the banks will just keep printing and printing and printing... They've been doing just that for quite a while though...

Hmmm, yes, I recall reading somewhere recently that China has in last year built more industrial robots then the US has in total... Also, offshoring jobs to cut costs also has its price, since those whose jobs got made redundant have lost their purchasing power. So short term gains lead to long...