[lbo-talk] WSJ assumes "capital strike"

[andie nachgeborenen]

Isn't that the premise of Atlas Shrugged? These guys read too much Ayn Rand. Any is too much in my book. Of course my book is Capital, vol. I, so what did you expect?

--- On Wed, 11/12/08, Doug Henwood <dhenwood at panix.com> wrote:


> From: Doug Henwood <dhenwood at panix.com>
> Subject: Re: [lbo-talk] WSJ assumes "capital strike"
> To: lbo-talk at lbo-talk.org
> Date: Wednesday, November 12, 2008, 7:46 PM
> 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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