US wholesale stockpiles fell as sales plummeted

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  • My2Cents Taylorsville, UT
    Aug. 10, 2012 7:07 a.m.

    And it really hurting business more than they think. Advertising and promising products they are supposed to be selling and not having it available is bad business. Business must stop jeopardizing themselves and compromising their business by depending on debt to bail them out. Debt is no longer a viable business opportunity it once was when people had money and jobs and could pay their debts.

    I have encountered this many times over the last several years and the losses they have uncured from me is in the thousands of dollars. Many consumers have encountered the same situations and its putting show rooms and factory outlet shops in economic despair.

    What has to happen is these large corporations must go back to a cash and carry business so they can have tangible cash flow to operate their business on. This is old school and record intense method but they have to get some money in the bank to work with. Debt is intangible as profit and costly to maintain.

    Debt is stripping stock piles of products and production and that is where it all must change.