Corporate Revenues Back To Low Point
Here is an interesting article from Alhambra Investment Partners. They bring up a good point with respect to lack of revenue growth. We have seen weak earnings for a while, which revenue is a direct contributor to, however the strategy of lowering costs only hurts the general public. We are seeing far too many companies cutting costs and investment spending recently. That is no way to turn the direction of the economy in a positive direction.
The thread was corporate revenues so.
Max Keiser has created his own crypto currency.
I was saying yesterday that countries will start making them, Max reports today, that Iceland and Ireland are in progress.
Anyway, I could see businesses doing the same thing, instead of “reward” points they will start giving out crypto points, backed by merchandise, like airmiles.
I think a person that knows how to create these “cryptos” and a salesman could make a fortune. Just a thought.
The issue I worry about with these “cryptos” is the maintenance and monitoring. Anything that can be created with coding in my mind can be very easy (for highly skilled people) to steal or even worse.
A race to the bottom? In some cases literally.
http://www.thedailysheeple.com/four-prominent-bankers-found-dead-within-six-days-all-ruled-suicides_022014