>Not so awful right now, at the peak of the business cycle, but overall
>investment rates in the 1990s are noticeably lower in the US compared to
>the EU or East Asian countries. Which isn't the same thing as prospering,
>of course -- Thailand and South Korea had 35% investment rates in the
>mid-Nineties and got clobbered for their pains. Also, much of that
>investment is hideously toxic to people and the planet. In the total
>system, you're damn if you're underdeveloped, and even more damned if
>you're overdeveloped.
Though the food, plumbing, & climate control are better when you're overdeveloped.
Doug