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Rigid debt contracts may seem good in booms.
He said they would be scooped up manually if they did not get absorbed in booms.
"We have opened projects in recessions before and in booms before.
In the past Toyota went on racking up profits in booms and recessions alike.
That is classic Keynesianism, except that most Keynesians forget the essential part about building up surpluses in booms.
BNP Paribas's recent history is not about being brilliantly contrarian expanding in downturns and retrenching in booms.
Similar(23)
GO!" Twenty-eight minutes in, boom!
All this went unquestioned in boom times.
RUNNING a company in boom times is relatively easy.
"That's almost like growing 30 percent in boom times".
Even in boom times, the area never improved.
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