The boom made all the producers invest in more infrastructure and now that infrastructure is delivering more and more product to an already flagging and overpriced market.
WEIRD GUYS, I thought BASIC ECONOMICS said when supply go up, price go down???
WEIRD GUYS, I thought BASIC ECONOMICS said when supply go up, price go down???
You don’t get it, supply and demand is TAUTOLOGICAL. The fact that the market is overpriced IMPLIES BY LOGICAL NECESSITY that the demand is up