Could someone explain what Stiglitz means when he speaks of an investment overhang and how it is a problem? Or is it an investment hangover when the champagne no longer flows and the bubbles burst?
Cheers, Ken Hanly
Could someone explain what Stiglitz means when he speaks of an investment overhang and how it is a problem? Or is it an investment hangover when the champagne no longer flows and the bubbles burst?
Cheers, Ken Hanly