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CapEx is short for capital expenditures: new investment in fixed assets. These investments in fixed assets are largely responsible for economic growth and as such for increases in real wages. But as of lately, economic growth has not been what it used to be. Ever since the 2008 crisis, worldwide economic growth remains far below pre-crisis levels. What is the cause of this appalling economic growth? In short, because of the global CapEx crisis.

Recovery or No Recovery, Economic Growth Remains Weak

CapEx Is Historically Low!

Source: St Louis Fed

Share Buybacks

<p>Source: Market Watch</p>

Conclusion

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