To hoard or to invest?

Capitalism's soft underbelly otherwise called short-termish is exposed again.  

Companies world-wide are reported to be hoarding $4 trillion in cash rather than spend for fear of the continuing recession.  But, of course, this very hoarding is contributing to the continuing recession!

See - http://unintend-conseq.blogspot.co.uk/2012/10/little-venture-little-gain.html -