Quote:
Originally Posted by jyl
There was a similar boom after Clinton was elected. The industry survived. This time, the bust will take place during a period of economic recovery and reviving credit markets, which will cushion the blow.
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I have heard from a couple different sources that the big difference this time is the big players are being smarter about it than last time. They know this is great for their business, but it will not last.
Everyone is running at 100% capacity, but nobody is adding capacity because they know demand will return to normal, and when it does they won't need it.