About That Big Bad Capital Shortage: RelaxBy
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
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