This can only happen when a central bank keeps interest rates artificially low.
Businesses are misled into starting projects which cannot be profitable in the long run (since the real resources aren’t available), and then eventually have to be abandoned, which involves laying-off workers and restructuring.
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This can only happen when a central bank keeps interest rates artificially low.
Businesses are misled into starting projects which cannot be profitable in the long run (since the real resources aren’t available), and then eventually have to be abandoned, which involves laying-off workers and restructuring.
greed has triumphed over fear. investments means folks have confident they could make money, savings means folks are worried about the future