Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (7067)	8/13/2001 1:41:20 PM
From: Moominoid	Read Replies (2) of 74559

It can't survive without all that subsidy. That's my point. It should be a classic competitive industry - large numbers of competing producers of commodity products that can be sold in small and variable units. Technology that allows pretty smooth substitution between different inputs. It looks just like the textbook model.

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