Investing in the real economy
Why was the impact of the US housing market's subprime financial risk outside the US underestimated? In other words, why did investors outside the US "buy in" so much into this high expected risk -high expected return investment tool? Are there not other attractive investment opportunities, both outside the US and in the US economy?
What happened to investment to real economic growth ops, more "business" or "entrepreneurial" ones?
Is there a global "entrepreneurial" deficit? Which affects investment options, employment opportunities, etc?
Written: Sept 5, 2007
Updated: June 6, 2009