I see an economic diasater coming...

[triffid]

The first company I ever worked for went into debt to the bank on a yearly cycle(basis) to buy spring fashions for the store(c.r.anthony's).When bank credit to them dried up.They had to close their doors.Before they closed the store where I had worked they moved the location of that store to another location inside the shopping mall.So its never as simple as it seems.triffid








I think there is plenty of money in the world.Money is only a tool and its up to people to use that tool wisely.I am for money reform also.Such as the digital coin.I posted a link to.Its harder to hoard that into huge secret piles off shore.

[triffid]

The financial picture is at least better for the biggest, publicly traded firms. Non-financial companies in the Standard & Poor's 500 are making more money than ever and adding to their cash fast. It's middle-sized and small companies that appear to be most vulnerable.[/size]
"There are almost two economies out there â€" the big S&P 500 companies, then everyone else," says Michael Thompson, managing director of S&P's valuation and risk strategies.[/size]
But this sunny picture for the largest companies is marred by debt, too. Since the start of the recession, S&P 500 companies have borrowed an additional 44 cents for every additional dollar they've hoarded in cash. For many companies, debt has risen more than cash.[/size]
Drugmaker Pfizer added $3.5 billion to cash from the start of the recession. But it added $28 billion of debt, according to FactSet. PepsiCo added $22 billion more debt than cash. Hewlett-Packard added $16 billion more, Wal-Mart $13 billion.[/size]

[triffid]

But this sunny picture for the largest companies is marred by [/size][color=rgb(0, 0, 255) !important]debt[/color], too. Since the start of the [/size][color=rgb(0, 0, 255) !important]recession[/color], S&P 500 companies have borrowed an additional 44 cents for every additional dollar they've hoarded in cash. For many companies,debt has risen more than cash.




In this way the s&p 500 companies are like the federal govnerment who borrows 40 cents on every dollar it spends.[/size]

[the_big_m_in_ok]

...But this sunny picture for the largest companies is marred by debt, too. Since the start of the recession, S&P 500 companies have borrowed an additional 44 cents for every additional dollar they've hoarded in cash. For many companies, debt has risen more than cash.[/size]

Yes, very good; I agree, triffid.   The telling tale is going to be in Itally first, and Spain late.   10-yr bond yields are climbing quickly in both countries and is indicative of unsustainable debt loads.   That should have everyone starting to get scared.  They can drag us down with them when they default.   It'll happen sooner or later, and a few economists in Europe are saying to the responsible countries, "Get your act together---fast!!"   (They mean budget cuts, which won't be at all popular with their citizens.)

That goes for America as well.

--Lee

[triffid]

just needed to park this somewhere I can find it when I want it.  http://books.google.com/books?id=foLRISkt9gcC&pg=PA54&lpg=PA54&dq=tungsten+soluble+in+hydrogen+peroxide&source=bl&ots=-ssFAaoXCY&sig=xE2nZJLCxu2WTJvI066OnX07lkM&hl=en&ei=FKyPTZPpHaSN0QH9tdisCw&sa=X&oi=book_result&ct=result&resnum=3&ved=0CCsQ6AEwAg#v=onepage&q=tungsten%20soluble%20in%20hydrogen%20peroxide&f=false    just some chemistry.triffid