tag:blogger.com,1999:blog-11027528911364475.post6735423857693165051..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Where's the Investment?Jakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11027528911364475.post-32771904168259067102010-08-29T10:03:59.570-07:002010-08-29T10:03:59.570-07:00My reading of the chart is that investment has bee...My reading of the chart is that investment has been driven by two long-term/structural factors. One is technology, which seems to drive the boom of 1995-2002 in equipment and software. The other is globalization (relocating factories to China), which seems to account for the low in structure investment in the past 15 years. The low structure investment is also matched by the decline in manufacturing employment in the same period.<br /><br />Looking forward, the momentum of globalization may have come to a stop. However, factories are coming back any time soon. In other words, structure investment is not likely to rebound. The unknown card is technology, which may drive the next wave of business investment. But nothing solid seem to be in sight for the next wave of technological revolution.Anonymoushttps://www.blogger.com/profile/03586319483113636692noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-21532683024633697462010-08-25T06:15:23.738-07:002010-08-25T06:15:23.738-07:00I think it's mostly in China and Germany.I think it's mostly in China and Germany.Anonymoushttps://www.blogger.com/profile/05387604857883246627noreply@blogger.com