[lbo-talk] WSJ assumes "capital strike"

Doug Henwood dhenwood at panix.com
Wed Nov 12 17:46:37 PST 2008


On Nov 12, 2008, at 8:38 PM, C. G. Estabrook wrote:


> From today's WSJ: "With the global economy in recession, and
> investors staging a capital strike..."

A silly turn of phrase. Investors aren't investing because the economy stinks and it's hard to get a loan. There's no political content to it at all.

Doug



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