> but that’s an increasingly less pressing need for modern companies. Maybe in the US and EU. We exported factories and manufacturing to the developing world,

> but that’s an increasingly less pressing need for modern companies. Maybe in the US and EU. We exported factories and manufacturing to the developing world, where CapEx is very important. Considering that China grew at 2x the rate of the US and >3x the rate of the EU - CapEx seems to still be worth considering...