Browsing All posts tagged under »sales«

Xmas bells ring in profit — and deeper debt

November 26, 2011

2

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.