SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (22868)2/4/2005 2:05:41 PM
From: GraceZ  Read Replies (1) of 116555
 
Well they took back 280,000 job lies over the past 6 months in one fell swoop today

Businesses fail every year on a fairly predictable basis. In December, you make the hard decision to close your doors and let everyone go or try to eek out a living for another year. The birth/death model simply incorporates this reality which is repeated year after year in good times and bad. It is reflective of underlying business conditions, business has both profits and losses. Losses, like enemies, tend to accumulate and become unbearable at some point. The end of the fiscal year (which for most businesses is the calendar year) is a good time to do some soul searching and close up shop if you are failing, so you aren't saddled with the burden and expense of an additional year of tax reporting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext