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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (22624)7/18/2003 7:05:46 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 89467
 
capital equipment overcapacity is the biggest misread
economics and bankers seem to totally ignore it
they simply assume low rates mean more spending coming
it wont be that simple, not this time
I read 60% cap usage for technology, 80% elsewhere
capex will remain extinct and missing in action for some time

/ jim