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Reason #6: Excess capacity

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Reason #6 the economy won't recover in 2010Excess capacity is everywhere -- we have more than enough people, factories, stores, and so on to meet current demand.

Want to buy an indoor mall? You can get one in North Myrtle Beach for $3.3 million -- less than the previous value of many homes in that area.

The Chinese continue to build factories the world does not need. Factory utilization in the United States is at an all-time low in many industries. Home building is at less than one-third peak levels. I think you get the picture.

Next: Reason #7: Businesses aren't spending

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Last updated: November 24, 2009: 09:31 PM

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