In the Danish capital this week, there was an unusual contest whose aim was to provide a more durable answer to the travails of 500 players from 48 countries.

这周在丹麦的首都，举行了一场不寻常的竞赛，48个国家的500名参赛者的努力希望可以让欢乐延续。

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A drop in demand for capital equipment, durable consumer goods and cars will strike at the euro zone's industrial heartland, including Germany.

重型设备，耐用消费品和汽车方面的需求下降将给欧元区的工业心脏，包括德国在内，造成沉重打击。

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Think of it: It's not so much the lack of capitalist ethos that impoverishes the people of Peru or Madagascar, but the lack of durable capital that can be traded back and forth.

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So the cost of trade continues to fall, and that lowers the effective cost of everything that's traded: raw materials, labor, durable assets, consumer goods, capital, commodities and money itself.

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Durable income is one thing, misdirected capital another.

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