While overinvestment is still an inherent characteristic of capitalism, these improvements already appear to be helping to smooth out some of the ups and downs of the business cycle.
32.
Chip makers have been hammered by a slump in demand as businesses cut back computer purchases due to a sluggish economy and overinvestment during the tech boom of the late 1990s.
33.
If this continues, China risks further overinvestment and asset price and consumer price inflation, " said Robert Subbaraman, an economist at investment bank Lehman Brothers in Tokyo.
34.
It's a classic overinvestment slump, of a kind that was normal before World War II . And such slumps have always been hard to fight simply by cutting interest rates.
35.
According to this view, the root cause of the Great Depression was a global overinvestment while the level of wages and earnings from independent businesses fell short of creating enough purchasing power.
36.
Malkiel is a strong believer that, despite the uncertainties surrounding China ( rural unrest, overinvestment / bubbles, non-democratic government ) China is a viable source of investment opportunities.
37.
The flip side of America's overinvestment in the past few years will be plenty of secondhand servers and underused cable capacity for solvent businesses to snap up at rock-bottom prices.
38.
This means that we will again reimplement our old pattern of economic development, which will widen the savings investment gap, increase the country's current account deficit and encourage overinvestment again.
39.
But sometimes the distortions are large : the deductibility of home mortgage interest has probably led to huge overinvestment in owner-occupied housing, presumably at the expense of rental housing and industrial capital.
40.
His message now is that the American real estate market is remarkably healthy, that the overinvestment and excess borrowing, the overbuilding and huge credit shortage of the 1980s and early 1990s are gone.
