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Re: DewDiligence post# 4740

Monday, 11/24/2008 9:31:33 AM

Monday, November 24, 2008 9:31:33 AM

Post# of 4764
Thanks, Dew, I agree wholeheartedly. Excess money creates unproductive enterprises, which compete on an ongoing basis with potentially productive ones. The upside of a recession is to liquidate the unproductive ones, which then lets the productive ones use available resources with less competition. This goes for investor money, talented employees, or even commodities subject to supply/demand. It is also why it is so wrong to prop up failing companies.
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