A 33% drop in Revenue for my business would kill me in 1-3 months!

By Daniel at 20 December, 2009, 12:35 am


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How many more financial quarters can companies like Alcoa Aluminum report ” Our 3Q ‘09 was 350 million, which was greater than a year ago, but our REVENUE fell 33% from the same quarter a year ago!”

Hey Alcoa, how many more 10,000 people can you lay off AND STILL make money when REVENUE is dropping like a stone!! NOT LONG!!

I have a quarter to half million dollar small business and I can’t let people go. I do not have any!
A 33% drop in Revenue for my business would kill me in 1-3 months!

Like I’ve said before, the fundamentals are not there and the big boys can only fire so many employees. Where’s your critical knowledge base for your company when you keep sending trained, educated people packing out the door!?

P/E’s are at historical highs and there are no end of the year fundamentals in place to support prices, AND OUR GOV’T wants to add additional variables, making this a much more complicated AND EXPENSIVE decision making process for companies WITH A TRILLION DOLLAR BOO-DOOGLE GOV’T HEALTH PLAN LOOMING!

Dollar will strengthen in the short term with European uncertainties like Sovereign Debt Defaults possible so you can cherry pick Gold and Silver as it comes down in response.

You’ll need the precious metal 5-10 years from now when our Nat’l Debt is 12 Trillion more on top of Debt ceiling, 12-12.5 Trillion, being raised, plus 5.7 Trillion more in interest. Assuming , of course we can roll-over the Short Term Treasuries debt coming due 2010 which will be about $3.5 Trillion. And survive commercial real estate and A.R.M. and Jumbo A.R.M.s that need to reset in 2011.

- stevetheman


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