To: mylife
Could it be that business is keeping more cash because 1) credit is still tight for many businesses and they need cash on hand 2)To fight off coming margin collapse due to rising raw material costs....
64 posted on
05/31/2011 8:25:16 PM PDT by
yadent
To: yadent
1) credit is still tight for many businesses and they need cash on hand 2)To fight off coming margin collapse due to rising raw material costs....
Ding! Ding! Ding! I think we have a winner!
This is the same as my current personal budget arrangements! I have been paying off credit cards and paying down balances on everything that I can! Now, the "extra" money that I have coming in is going into savings. If you look at my "books," it looks like profit is way up! But the fact is I am making the same as I was before, but I am stocking away for the future failures that are sure to come with The Won in charge for another 18 months - UGH!
70 posted on
05/31/2011 8:31:05 PM PDT by
ExTxMarine
(PRAYER: It's the only HOPE for real CHANGE in America!)
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