| This line of analysis includes the critical issues of overinvestment and malinvestment, with a keen focus on capital goods investment. |
| Encouraging additional malinvestment into green energy or other politically correct machinations won't stimulate recovery. |
| We have witnessed an historic misallocation of resources and endemic malinvestment. |
| Consequently all the resulting malinvestment does not result in longer processes. |
| It leads to economic impoverishment, as it would stimulate consumption at the expense of savings and encourage malinvestment of scarce resources. |
| Thus, what is different this time is that large loads of debt and malinvestment have built up in the economy. |
