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 (8307)	9/6/2001 2:06:39 PM
From: Don Lloyd	Read Replies (1) of 74559

elmatador - Lets make this more sharp: We are facing overcapacity in every industry we look at. And this hasn't started yesterday. It started long time ago.... Agreed. This the natural result of any developed economy continuously increasing unit productivity and potential competitors refusing to give up before the red ink actually appears all over their books. This is worse when the potential competitors actually have access to credit. ...The solution is for industries to consolidate. If the government doesn't pursue its anti-trust fallacies. Regards, Don

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