Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (107152)	1/24/2010 2:45:43 AM
From: Haim R. Branisteanu	1 Recommendation Read Replies (2) of 116555

Very simplistic and incorrect solution, which assume that equity holders have an infinite amount of money which they will invest endlessly in enterprises that are doomed to failure and that during the transition time people will be happy to change profession and perform in the new one at the same efficiency and expertise - not to mention embracing a substantial pay cut in their compensation for working same 8 hours a day

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