• Secular stagnation means lower growth produced by excess savings over investment.
• We think the main source for this savings glut is the corporate world, which sitting on record amounts of cash and enjoys record profitability.
• Rather than investing, these profits are either accumulated or dealt out to executives and shareholders, adding to the savings glut.
• There is a fairly simple solution available, it’s actually staring us in the face.

It Is Actually Surprisingly Easy To Cure Secular Stagnation | Seeking Alpha