Re:Economists who defend disaster profiteers are wrong
by TeMPOraL on Tuesday April 14, 2020 @06:58AM
(#22864560)
Because there were PPE manufacturers giving interviews in the press in which they pointed out that the last time they did expand their production during the crisis, the crisis ended and the demand evaporated before they've managed to recoup their investment - so they're reluctant to do the same now, unless governments sign on with long-term repeat purchase contracts.
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