Apr 4, 2023 18:08
1 yr ago
38 viewers *
English term
Gearing of income streams
English
Bus/Financial
Business/Commerce (general)
Business
For many years, particularly since 2008, much of the wealth that was created did not result from economic growth. Instead, it was a by-product of declining capital costs which fueled the ***gearing of existing income streams***. This is readily observed in the all-time high global corporate profit margins that were achieved in the late-2010s amid the weakest business cycle in over a century was. While profit levels have been high, their quality has been poor.
Thank you!
Thank you!
Responses
+2
13 hrs
Selected
Optimization of ways to make money
Gearing here could be meant in the sense of "fine-tuning," perfecting, achieving effective operation (see sense 2b in reference).
The sentence would then mean that due to reduced financial impositions on capital gains (= making money through money), there was a re-tooling/optimization of existing ways to make money so that they resulted in even greater incomes and thereby profits, rather than innovation/development (= making money through products, goods, services).
The sentence would then mean that due to reduced financial impositions on capital gains (= making money through money), there was a re-tooling/optimization of existing ways to make money so that they resulted in even greater incomes and thereby profits, rather than innovation/development (= making money through products, goods, services).
Peer comment(s):
agree |
AllegroTrans
: This makes sense
9 hrs
|
Thank you!
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agree |
Anastasia Kalantzi
1 day 14 hrs
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4 KudoZ points awarded for this answer.
Comment: "Thank you!"
-2
2 hrs
Makeshift income sources
For many years, particularly since 2008, much of the wealth made has not been bound to economic growth, but it has been wrought by the plunge of bearish capital market indexes leading to makeshift income sources. The late 2010s, all time high global corporate profit margins are eloquent, as the business cycle was volatile and at an all time low in over a century.
Peer comment(s):
disagree |
AllegroTrans
: Your explanation merely repeats asker's own text and your answer doesn't make much sense. I don't think you are a native English speaker as claimed in your profile. This is misleading.
2 hrs
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disagree |
Christopher Schröder
: Makes little sense to me
10 hrs
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Discussion