Bank of America to offer negative interest rates!

no, it probably was an idea from somewhere that caused the capital to flow into an idea. money by itself does not grow more money.

and its one thing to say " I want to start a widget factory", but its quite another to actually run one that makes money.

that comes from people on a lot of levels knowing what their jobs are, and doing it efficiently. morale and experience cannot be underestimated in this regard.

If your workers think they are part of the team, they are much more willing to put it out on the line. The first step in not going down that path is thinking that you as the owner of the facility don't owe the workers anything.




this has nothing to do with profit sharing. its just my critique that owners of capital don't feel like they owe workers anything, or don't appreciate that a lot of people are counting on them for jobs.

I think this is due to management changing hanRAB and new firms coming into ownership of a facility. these people don't have any ties to the area, and they figure they can save someone else who bought the plant a lot of money by buying it and closing it down.




don't tell me that something that is in their best interest is something they should be rewarded for.

business cycles happen, and companies absolutely should be prepared for them.

saying that companies are afraid of hiring because of regulation is such a ridiculous meme, because the downturn is an opportunity to increase market share.

but it seems that innovation in this country is kaput, and thus the excuse for not doing something to invest during a recession ( when interest rates are low, btw) stems not from policy but from a lack of new ideas on how make the business grow.
 
That's pretty much entirely wrong, and wrong in such a way as to allow you to blame Obama for a global issue without the massive cognitive dissonance the truth would force you to suffer.
 
It is notable that there is such an abundance of cash being held that banks are unwilling to hold it without charging a storage fee. The political ramifications are huge.
 
It sounded as if China had the majority of our bonRAB. If we raise the rate even slightly the staggering payment to china alone puts us out of business, instantly. Am I right, maybe I should have payed more attention but that was the gist of it.
 
It is not, as you would have it be, rocket science. Corporations are sitting on their capital, judging...quite rightly...whether to invest it in this or that country.

Do you assert that government fiscal and foreign policy has less to do with the decisions of a board of directors than the vagaries of the NYSE?
 
Why is it notable? Investors have been fleeing from the markets and are keeping liquid reserves so they can act quickly. If anything it's expected when the economy gets rough. Companies don't have a mattress to hide cash under, and it costs banks big $$$$ to hold money when no one wants a loan.
 
We aren't talking about customer accounts here, we are talking accounts of $50,000,000 or more.

If you think they are the same as Uncle Homer and Betty Lue and their checking account with $1400 in it while they are on a fixed income, you are even duraber than you make out to be.
 
What is notable is that banks value their deposits so little that they are beginning to CHARGE their depositors. Disintermediation is normal. Banks charging for deposits is an abnormal occurance...at least in my lifetime.
 
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