FINAL CRISIS NOW
Investors should brace themselves for a vicious recession made worse by large corporate debt levels, according to Guggenheim's Scott Minerd.
"The next recession is going to emanate from the corporate sector," Minerd wrote. "There is likely to be a sharp decline in employment and a sharp decline in profitability, followed by widening credit spreads as the market discounts the expectation of higher corporate defaults."
YES.
According to retarded marginalists and some Marxists it is the increase in employment that causes the decline in profitability. Why would both employment and profitability fall in tandem if it had such a relationship?
Be on guard against Porky apologism that claims that the cause of inflation is too many people working. This is definitely not the case. I do believe that industry and finance is probably being stretched thin–by capitalist standards and conditions.
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
HAPPENING THREAD
Can someone explain for a total brainlet plz
You're about to lose your job at Burger King
Fug :d
...
Baruch HaShem.