7 Ιαν 2019

Want to see an industry with a truly cyclical demand pattern? Look no further than Japan’s machine tool industry supplier of hardware to global industry and look at scale on right hand of this graph! Yup thats a 250% demand spike in 2009-10 on back of China stimulus. @SoberLook


https://twitter.com/adam_tooze/status/1076953093684645889

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