How is this good for CAT? This is not good for anyone!
The math is straight forward, looking at the accounts and P&L, CAT(in my opinion) need to grow revenue by around 18% just to keep cash flow positive going into year 20/21.
If sport closes down this 18% growth is gone so CAT run out of cash.
If you look at the crisis we now have in front of us, it started because the Chinese gave false information, covered up what was happening in the hope it would all just work out fine, essentially "hear no evil, see no evil"
In short i don't like being given mis information, neither should you!!!
Just to remind you during the 2008 crisis, it was the big boys who went under or were bailed out by governments.
Essentially nobody is safe from the pending crisis.
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