Brit Unions foaming at the mouth on productivity..

Doug Henwood dhenwood at panix.com
Sat Sep 16 11:45:27 PDT 2000


Dennis R Redmond wrote:


>(1) Equity capital doesn't correlate to investment;
>just look at Japan (low stocks, high investment rates) or the US (high
>stocks, low investment).

Yup, but equity capital demands high returns, so U.S. firms are under a much stricter profit discipline.

Doug



More information about the lbo-talk mailing list