| Central bankers worldwide are lamenting weak business investment. They think it's because of worries about global growth due to tariffs and the US-China trade war. That's not it. The reason is obvious, but it's taboo to talk about it because it's something that has done so much good in the world. LET'S CONNECT! Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Forexlive Homepage ► http://www.forexlive.com/ |
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DGK
2019-09-28 at 03:57 (UTC 2) Link to this comment
Awesome video!
Mustafa Maayuf
2019-09-28 at 06:47 (UTC 2) Link to this comment
So true adam. The technological age is taking over, and they think pumping more money into it will solve the problem.
Adam Button
2019-09-28 at 14:38 (UTC 2) Link to this comment
They're going to keep on going until something breaks badly.
jawedz
2019-09-28 at 19:58 (UTC 2) Link to this comment
so wrong, so disappointed with this.
shiny x
2019-09-29 at 02:54 (UTC 2) Link to this comment
Not sure why businesses wouldn't just invest in tech then. Being in a disruptive landscape is only a problem if you refuse to change.
Adam Button
2019-09-29 at 12:35 (UTC 2) Link to this comment
First of all, the are investing in tech. However that's such a small part of spending. But more importantly, if you're a restaurant, you just don't have the scale to invest in the kind of technology that McDonald's is investing in. Further, it's not about tech investing for many companies, the scale of disruption makes their business model obsolete.
Marcin Nowogórski
2019-10-07 at 14:25 (UTC 2) Link to this comment
Hard to invest in tech in a way that makes sense and generates positive ROI. Yet still, some crowdfunded startup with crazy ideas may come with something so innovative and disruptive that it would damage or even wreck your business. They have nothing to lose in contrast to established businesses.
Also there is something making once-successful businesses unable to adapt flexibly, so they tend to repeat their winning pattern constantly until it stops working and they go bust.
Marcin Nowogórski
2019-10-07 at 14:15 (UTC 2) Link to this comment
I love central banks so much, believing in everything they say 100%
xD <3
Noah Rage
2019-12-16 at 18:36 (UTC 2) Link to this comment
Damn Adam, I didnt know you made videos like this, spot on as always!
Adam Button
2019-12-16 at 18:50 (UTC 2) Link to this comment
Thanks for leaving a comment! I plan to make more of them in 2020.