Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Low salaries beget new investment, and if the domestic capitalist are bled dry, it will come in the form of foreign direct investment.

Anyway, much plant (except in heavy industry) becomes outdated and is written off pretty quickly, even if not in 3 years.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sat Mar 17th, 2012 at 07:48:22 PM EST
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