3 ms·
Not in a huge recession (or depression). Even in the current environment capital is extremely cheap and plentiful. In a depression with deflation there is a str
by xenadu02 11y ago
Not in a huge recession (or depression). Even in the current environment capital is extremely cheap and plentiful. In a depression with deflation there is a strong incentive for capital to stop investing because the literal zero-risk rate of return is positive (sit back and watch your dollar go further and further!)
The economy has many variables and assuming that a condition holds for all situations is ideological, not factual.