Phoenix Suns basketball Go the Gorilla head mascot shirt
“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Phoenix Suns basketball Go the Gorilla head mascot shirt, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on
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Simply look at Steve Jobs, the guy who ran Apple so well. He was a The egends novak djokovic and nikola jokić skyline signature 2023 shirt believer in “natural” medicine, in fact he wouldn’t bathe since he felt this somehow or other weakened him but his fellow workers had lots of problems with this. He developed Pancreatic Cancer nothing may have done him any good but from the little that I’ve found on his case he may have had a rare case, like Ruth Bader Ginsberg, where prompt surgery may have saved him. He wanted to try some “natural treatments” first, he did, and you know how that turned out. Just because you know a lot about a lot of things don not assume that you know everything about everything. He was in many ways a brilliant man in most areas but not in the treatment of pancreatic cancer. The worst part is he got a liver transplant later on when he decided to try regular medicine, something that might have saved someone who really needed it. So sad.
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