Re: Re: Re: Re: Re: Re: Re: Re: "Fear and insecurity"over the

[Jim Devine]

Michael P. wrote:
>I didn't mean to say the rapid payback causes high profits, but rather than
>high profits mean that companies will expect rapid payback.

that fits with what I was saying: if high profits make companies expect 
rapid payback, they're more likely to invest in fixed capital now to take 
advantage of that rapidity.

Jim Devine [EMAIL PROTECTED] &  http://liberalarts.lmu.edu/~jdevine