Quote ="Dally"
Why? Capital is destroyed all the time. Industries like the car industry have never made money overall, but destroyed capital. However, within that certain companies have been very, very successful and made their owners fortunes.'"
How on earth do you figure that one out? Especially when you factor in ALL of the industries that feed off amd into the automotive industry. Or is it similar to insurance companies not making money from motor insurance for fiteen years?
Quote ="Dally" Same with UK mines - they were rationalised.'"
Total anihilation is nothing like rationalisation