Player post
GLOBAL GROWTH SLOWS AFTER GE LIQUIDATES ASSETS
Ben Harrison·
After selling off major parts of its company, experts have finally realized that GE was powering Global Economic Growth. Critics that once complained that GE was a monopoly are quickly realizing it was the only corporation capable of investments numbering in the hundreds of billions of dollars. US nominal Growth rate has fallen below 1% for the first time in decades. Firms that acquired GE sectors are now simply extracting profits rather than investing into new infrastructure and capacity. GE owned over 60% of world energy at its height. Fearing, anti-trust enforcement, the company quickly pivoted and is widely seen as a holding company for Ben Harrison.