Please consider the following Article:

https://insight.kellogg.northwestern.edu/article/physical-capital-economic-consequences

• Provide your overview and opinion on the matter (Do you view this as an issue?).
• How do you estimate that this will affect accounting as we know it? (Based on the article or other resource.)
• Should intangibles now be included in PP&E, Why or why not?
• What role does interest rates play in all of this?