intellimoney,
you might be in the red like many others
and somewhat peeved
but that comment was excessivley negative
as far as i can see, the current debt is servicable.
and anyway, how migh higher do you think interest rates will go?
unheard of debt levels due to a massive debt expansion, mean that if rates were increased significatly, the local economy could grind to a halt.
you may have had a valid point if we we talking about sleezy sam's second hand porn magazines franchise, but we are talking about a business of centres anchored to major food retailers - that is a huge draw card.
here, all of the the major supermarkets are linked to petrol stations, the more you spend on food the more you get discounted from petrol. Think about that.
the amalgamation of petrol and food retail is part of a bigger scam to screw joe average and others either side; not nice, but that is the current state of things.
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