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News & Views by Terry Bell
Browsing All posts tagged under »retail«
Xmas bells ring in profit — and deeper debt
The measures taken to to get the tills of the towns of South Africa ringing for a profitable Xmas season, are similar to those that led, via the sub-prime mortgage debacle in the United States, to the current and ongoing global crisis. This is based on short-term thinking and the extension of unsustainable credit.
Terry Bell Writes 
November 26, 2011
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