Re: enron and the rate of profit

[Tom Walker]

Would you agree that those limits are at least a contributing factor to the bursting of bubbles and the unravelling of Enrons?     Jim Devine wrote, it seems to me that it's quite possible that the measured rate of profit has been high due to accounting tricks and the like. But there are limits to how high the measured rate of profit can be relative to the very-hard-to-measure actual rate of profit.