On the Level: (The Capital)
On January - 17 - 2009
My hot water heater is about 20 years old. We’ve never had a problem with it, but for some time now we’re getting a foul smell, which is most noticeable from the shower. However, the plumber seems to think he got a slight smell from the faucet in the powder room downstairs.
Talk soon,
Joe Beaven
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SECURE & CONFIDENTIAL
Strange E Says:
why is it that there is a low level of new capital formation in most poor countries?
it’s about economic development. the major obstacle of development according to the linear stages of growth model is the low level of new capital formation in most poor countries. why you think so?
Posted on January 17th, 2009 at 10:18 pm
SDD Says:
Most poor countries have kleptocratic governments. Not too many people interested in investments which are likely to be confiscated on the whim of some dictator.
References :
Posted on January 18th, 2009 at 3:20 am