[lbo-talk] Stock Markets vs the Real Economy
Chuck Grimes
c123grimes at att.net
Mon Aug 8 21:28:18 PDT 2011
Carrol gave a couple of examples. GE, the auto manufacturers, even retailers
often only make their profits on warranties. Seth, you are right that it
does not make sense. Neither does capitalism. MP
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Hey, let's give credit where credit is due. I made this argument and Carrol
went along. Yes to the retail sector dabbling, like the Sears
credit card, Safeway discount card, and Radio Shack warranty payments on top
of their shitty products made in the megaslums of electronic toxic earth.
CG
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