Cigarbutt Posted November 16, 2023 Share Posted November 16, 2023 ^Adapting quicker?, AI certainly deflationary?, inevitable but will it rhyme? In the 1920s, productivity growth was for real, similar to what happened after the dot-com bu**le but the secular trend in the last 50 years is... i believe productivity growth will make a comeback but it may take a while? and a bit of creative destruction (or destructive creation)? Link to comment Share on other sites More sharing options...
Spooky Posted November 16, 2023 Share Posted November 16, 2023 One of the problems with the prior near zero interest rate regime is that it prevented creative destruction. Hopefully we keep a more normalized interest rate regime that wipes out some of the zombie companies. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now