Discussion of stock values
James Baird
jlbaird3 at hotmail.com
Tue Jan 26 17:49:41 PST 1999
About hte mystery of how profits can grow faster than the economy, has
there been a long-term increase in the "corporateization" of the
economy? I thinking of this: local store (which is counted in GDP, but
is not traded on exchanges) is forced out of business by Wal-Mart (which
is). Coul the discrepancy simply be due to more of the total GDP being
controlled by publically traded companies? Are there any numbers on
this?
Jim Baird
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
More information about the lbo-talk
mailing list