Poor, Helpless, Weak Japan

JayHecht at aol.com JayHecht at aol.com
Mon Feb 8 12:11:02 PST 1999


In a message dated 2/8/99 11:26:34 AM Central Standard Time, dhenwood at panix.com writes:

<< since tomorrow's investment is funded from yesteray's

profits, you couldn't sustain the high levels of investment necessary to

keep the accumulation engine running with such low profits.

>> In particluar, you need to accumulate at least as fast at the: 1) population rate (US population is growing by 1%) + 2) labor productivity (about 2%)

Jason



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