ALB explains “In fact, from

ALB explains “In fact, from one point of view, a crisis is caused by capitalists choosing not to buy (not invest profits because they judge they won’t make any profits or not enough).” i came across this but lost the link “The current crisis of capitalism is that there is “surplus liquidity”. In other words, the rich have so much wealth they have exhausted places to store it. If it is not invested its value depreciates. And they won’t invest unless it produces a return. This is why we see record amounts being spent on gold or on art (ironically mostly on art that depicts the pain and isolation of capitalist society). While workers are having their jobs and wages cut and governments are enforcing austerity, companies have never held so much cash. As one author reports: “Globally, companies are sitting on more than $5 trillion.” This is a classic case of “over-production”. “