The “cloud” in China is corporate nirvana: a high-growth tech sector in a high-growth country. Or was. And it’s showing up in the numbers.
Cisco CEO Chambers' Warning: Record Sales And “Lumpy” Demand (Just Like In November 2007, A Month Before Stocks Began To Crash)Submitted by testosteronepit on 08/16/2013 11:49 -0500
But this time it’s different
The Fed’s Confession: We Can Avoid A Crash At The End Of QE If Everybody Believes That Everybody Believes In A Mirage....Submitted by testosteronepit on 08/14/2013 11:33 -0500
With impeccable timing.
Foreign companies react; at the expense of already revenue-challenged US tech companies
“China’s model, which depends on the export of lower-priced products, is coming to an end”
The ancient question: how do you extract some moolah while you still can?
“Intentional ignorance” undermined in a targeted manner the principle of political responsibility
Perfect solution for our revenue-challenged corporations.
“We welcome the ruling party’s victory,” said one of the faces of Japan Inc. Others chimed in. They’d been handed a huge gift.
“Who Could Trust Such A Company?” – The Big Fat Lies About Radiation Exposure Of Workers At FukushimaSubmitted by testosteronepit on 07/20/2013 15:03 -0500
They still obfuscate and minimize the consequences of the triple melt-down at Fukushima Daiichi.
Last week: “A culture of dangerous greed and excessive risk-taking has taken root in the banking world.” Now: a quixotic moment for those senators from both sides of the aisle
CEOs have a primary job: manipulating up the stock of their company. But why they now wallowing worldwide in 2009-like gloom about the economy’s future?
At first, it was just GlaxoSmithKline, which “confessed” to having paid bribes in China, including “sexual bribes.” Now more drugmakers are on the hot seat.
Revenues are declining. Hence the need to cut costs. Solution: offshoring to a cheap country! And it's not the only one.
Due to "technical" problems.