by MN Gordon
An Abundance of Idle Trucks
The popular economic theme being reported by the popular press still remains. That the economy is grinding higher. That growth is improving, albeit slowly. That blue skies are just over the horizon.
Naturally we have some misgivings. As far as we can tell, business is not humming along. Earnings are stagnant. Profits are slim. Moreover, corporate reductions in force (RIFs) are being executed with the imprecise targeting of a sledge hammer. Even Google’s laying off staff.
Most notably, if the economy were (Read More....)
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