About That Big Bad Capital Shortage: Relax

Brother, can you spare a dime? Eastern Europe needs to modernize obsolete factories, Kuwait has a multibillion-dollar repair bill to pay, and the U. S. faces a costly savings and loan bailout and a crumbling infrastructure. Even Japan and Germany have new spending priorities at home. With all the new demands on the capital markets, some financial economists are predicting a global capital shortageone that would mean dramatically higher

To continue reading this article you must be a Bloomberg Professional Service Subscriber.