Re:Low interest rates in advanced countries have pushed mone...
by VictorPath on Wednesday November 24, 2021 @01:33PM
(#29333423)
> Due to the zero-sum nature of real estate, it fundamentally breaks the positive sum theory of capitalism.
From World War II to the early 1970s, the utilization of existing US capital equipment rarely dipped during the worst of a deep recession, to what have been the highest levels of capital capacity utilization rate since the 2008 financial crisis. The old lows have been about what the new highs have been. This indicates an overabundance of capital investment and overproduction, which was the opinion of former GE CEO Jack Welch.
From World War II to the early 1970s, the utilization of existing US capital equipment rarely dipped during the worst of a deep recession, to what have been the highest levels of capital capacity utilization rate since the 2008 financial crisis. The old lows have been about what the new highs have been. This indicates an overabundance of capital investment and overproduction, which was the opinion of former GE CEO Jack Welch.
https://www.federalreserve.gov/releases/g17/revisions/Curren...