To me this is the big problem of having an economy that is based so heavily on consumer spending for stuff that isn't really needed anyway. Just look around at the explosion of storage units in the past two decades - we have so much stuff that our houses and garages can't contain it anymore and we're forced to store it off site. But, when consumers slow down on their spending for overpriced and unnecessary stuff (designer clothes, luxury vehicles, high-tech appliances, electronic gadgets, etc, etc) there are fears that the economy is collapsing. In my thinking an economy like this isn't sustainable over the long run but everything is based on it always being there.
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Today's Featured Article - History of the Nuffield Tractor: Part 2 - by Anthony West. In February 1953 production of the ETC T.V.O engine started, ready for the March 1953 press announcements. The new TVO engine had a number of improvements which resulted in a 10 per cent more power (43bhp as against 38 bhp on the earlier engine) and 10 per cent more fuel economy. Some of the improvements are listed below: Redesigned combustion chamber, improved spark plugs and positioning, plug size 14mm(earlier size 18mm).
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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