this post was submitted on 12 Dec 2020
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Late Stage Capitalism

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The ‘Savings Glut’ Is Really a Dearth of Investment - Bloomberg (archive.is)
submitted 4 years ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 4 years ago* (last edited 4 years ago)

Looks like the rate of profit is falling so capitalists are reluctant to invest their money and instead sit on it like Tolkienesque dragons. If only someone could have predicted this.