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You have proved my point: that misinvestment alone is not the explanation. You also have to look for secondary effects from the financial collapse.
by cchooper 18y ago
You have proved my point: that misinvestment alone is not the explanation. You also have to look for secondary effects from the financial collapse.
- tptacek 18y agoNo, you're ignoring the fact that every time a desk company tools up a new factory, they are investing, and when those investments track a faulty projection on the demand for desks from financial services companies, they too have malinvested.