frivolous businesses that will struggle, page-84

YC,

We have already had the 'inflation by stealth',now comes the deflation.

Wages are the next area that will need to come down.

It is happening rapidly in the mining regions.

The car companies are trying to find solutions to their over production problems.

Plant shut downs are short term solutions.

Some companies just shut down altogether.

Many manufacturers have already moved to low cost countries.

Wages are/were sacred.

Not for much longer IMHO.