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S&P warns that while cash hoarding and under-investment by U.S. corporations may have helped...

  • Wednesday, December 12, 2012, 5:12 AM ET
    S&P warns that while cash hoarding and under-investment by U.S. corporations may have helped them through the financial crisis, it is "unsustainable," and may be exposing them to "competitive disadvantages in product innovation, manufacturing efficiency and technology." With firms cutting an estimated $175B in investment from 2009-2011, leading non-financial companies held a record $1.26T in cash balances as of June this year.
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This news story has 2 comments:

  • Did Keynes himself write that?

    What a bunch of hog wash.
    12 Dec 2012, 06:49 AM Reply Like
  • where have all the jobless recovery pluggers gone
    long time passing
    where have all the jobless recovery pluggers gone
    long time ago

    where have all the jobless recovery pluggers gone
    blaming it on the gov't, everyone
    when will they ever learn?
    when will they ever learn?

    when you foul, you put your hand up, no?
    12 Dec 2012, 08:49 AM Reply Like
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