An old asset base + large infrastructure spending gap + negative real financing costs (financial repression) = an incoming capex supercycle.
The Age of Scarcity Part 3: The Capex Supercycle
The Age of Scarcity Part 3: The Capex…
The Age of Scarcity Part 3: The Capex Supercycle
An old asset base + large infrastructure spending gap + negative real financing costs (financial repression) = an incoming capex supercycle.