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Protests have spread to Germany, regularly held up as an example of low pricing, where Borussia Dortmund fans threw tennis balls on the pitch during a DFB-Pokal (German Cup) match on Tuesday night in protest at a rise in ticket costs.
It just will take time to work through this massive overhang of bad debt, of low pricing and low growth, but we will work it out.
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A prolonged period of low prices would slow growth.
For one thing, the critique of chains underestimates the importance of low prices.
Amazon has won millions of customers with a combination of low prices and efficient delivery.
Yet a prolonged period of low prices could put the entire fracking industry out of business.
Sugar rose almost 4percentt as importers took advantage of low prices to secure supplies.
A few months of low prices probably wouldn't have much impact on the fracking industry.
Instead, the costs were passed on through a mix of low price increases and higher productivity.
Some pig farms, shut down because of low prices last year, were unprepared for strong demand this spring.
The National Steel Corporation filed for bankruptcy protection yesterday because of low prices and a weak economy.
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