[p2p-research] The Persistent Fall in Profitability and Debt Financing
Ryan Lanham
rlanham1963 at gmail.com
Thu Jan 7 14:43:22 CET 2010
On 1/7/10, Michel Bauwens <michelsub2004 at gmail.com> wrote:
>
> Does anyone know how to find figures about this steady decline in
> profitability?
>
> Michel
Profits are usually reported by Industry. So you'd have to look at Oil
versus Banking versus Automotive etc. I think the issue isn't so much that
profits are falling (yet) that it is that sector rotation is favoring
imaginary businesses (e.g. investment banking). Nations don't get rich by
having Goldman Sachs. They get rich by having General Electric.
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