Experience suggests that, once this type of business fixed investment begins, including that intended for domestic capacity expansion, firms will also proactively consider renewing other plants and equipment, thereby making it unlikely that demand for fixed investment will decline significantly even in the presence of some uncertainty regarding the economy.
Recent developments in the global financial market  I will no longer go into the genesis of the financial turmoil, as I am sure you have already heard a number of expositions on that. But I think it is important to highlight that this crisis has evolved and continues to do so in its FORM.