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<blockquote data-quote="vantexan" data-source="post: 5568684" data-attributes="member: 24302">You guys aren&#039;t getting it.&nbsp; Of course they&#039;re greedy.&nbsp; They want to maintain that no matter the economy.&nbsp; If it does get severe and they haven&#039;t taken these steps they risk the company going under.&nbsp; That&#039;s very possible under the right economic circumstances.&nbsp; Not a matter of feeling sorry for them or hand wringing that Fred is going to go broke.&nbsp; It&#039;s the brutal dog eat dog reality of a depression event.&nbsp; IWBF is poo pooing this because he thinks I&#039;m suggesting it&#039;s the fault of a particular party.&nbsp; The fact is that the economy should have been allowed to clear out the dead wood in 2008 but the Fed turned on the money printer and kept things afloat.&nbsp; That&#039;s no longer a viable option.Let me give you an example.&nbsp; When the pandemic started a lot of companies started having their employees work from home.&nbsp; My wife works for a call center that rented three stories in an office building in KS.&nbsp; As the pandemic stretched out they decided to stop renting two of the floors and kept most of the employees at home using computers and headsets to do their job.&nbsp; This has happened all over the country and commercial real estate owners are having serious problems making their mortgages.&nbsp; So what?&nbsp; This will greatly affect banks, causing more bank failures.&nbsp; This is just one facet of what is going on out there that is likely to lead to a severe recession.&nbsp; Or worse.&nbsp; If you aren&#039;t already you might give more attention to what going on around us.&nbsp; It&#039;s not just about corporate greed at FedEx.</blockquote>

[QUOTE="vantexan, post: 5568684, member: 24302"] You guys aren't getting it. Of course they're greedy. They want to maintain that no matter the economy. If it does get severe and they haven't taken these steps they risk the company going under. That's very possible under the right economic circumstances. Not a matter of feeling sorry for them or hand wringing that Fred is going to go broke. It's the brutal dog eat dog reality of a depression event. IWBF is poo pooing this because he thinks I'm suggesting it's the fault of a particular party. The fact is that the economy should have been allowed to clear out the dead wood in 2008 but the Fed turned on the money printer and kept things afloat. That's no longer a viable option. Let me give you an example. When the pandemic started a lot of companies started having their employees work from home. My wife works for a call center that rented three stories in an office building in KS. As the pandemic stretched out they decided to stop renting two of the floors and kept most of the employees at home using computers and headsets to do their job. This has happened all over the country and commercial real estate owners are having serious problems making their mortgages. So what? This will greatly affect banks, causing more bank failures. This is just one facet of what is going on out there that is likely to lead to a severe recession. Or worse. If you aren't already you might give more attention to what going on around us. It's not just about corporate greed at FedEx. [/QUOTE]

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