The Corona virus might be a lot worse the global economy then one believes.
Just think of how much is owed by corporations to banks and bond holders.
Think of corporations not being able to produce enough product to sell and meet its obligations.
Think also if workers aren’t able to work because factories and businesses are shut or at half capacity.
How are the buyers able to buy the product?
I look at Tesla. This company is a prime example of a company that has huge debt and must produce product( electric cars) in high volume and must have customers with the ability to buy their product.
There is a possibility that Tesla will be bankrupt in the near future scaring lenders and bond holders.
What about owners of it’s stock? What about owners of other stocks if it starts selling at less then ten dollars a share? Would there be a major stock panic?
Tuesday, February 25, 2020
Tuesday, February 11, 2020
Steve’s Barking; Does Amazon tell Gimbals
Amazon is the destroyer of box store department stores according to popular wisdom.
While This maybe true for modern times I’m just wondering about all those old time department store like Gimbals, Marshal Fields, Time Square store, Caldors, Alexander’s,and all those Midwest, southern and West coast store that went out of business way before the internet was in common use.
What was their excuse?
If Amazon was to split up would their cloud business be a huge success and their retail business have a struggle to stay in business?
Would Amazon be in business if there had been high interest rates during the last decade?
Just thinking 🤔
While This maybe true for modern times I’m just wondering about all those old time department store like Gimbals, Marshal Fields, Time Square store, Caldors, Alexander’s,and all those Midwest, southern and West coast store that went out of business way before the internet was in common use.
What was their excuse?
If Amazon was to split up would their cloud business be a huge success and their retail business have a struggle to stay in business?
Would Amazon be in business if there had been high interest rates during the last decade?
Just thinking 🤔
Saturday, February 1, 2020
Steve’s Barking; Why is there a war against pensions?
There seems to be a war against pensions.
Look at Russia, they reduced not long ago their meager pension.
France is trying to change the way pensions are calculated.
The USA is letting it’s Social Security turn into a pay as you go system and private pensions along with many public pensions are in danger of running out of money.
Germany is raising the age when a person can receive a pension.
What else is new.
Look at Russia, they reduced not long ago their meager pension.
France is trying to change the way pensions are calculated.
The USA is letting it’s Social Security turn into a pay as you go system and private pensions along with many public pensions are in danger of running out of money.
Germany is raising the age when a person can receive a pension.
What else is new.
Subscribe to:
Posts (Atom)