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(The Year 2012 In Review)
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|User Info||The Correlations Are Failing; entered at 2011-07-18 12:14:41|
Registered: 2010-12-22 Colorado
I practice accounting nationally and have for a number of years. I can see what's going on from a street level view. Every business I'm aware of is eroding working capital, some slowly and some rapidly. Many of them aren't even aware of it, but they're all waiting for the recovery. They simply can't believe it's not coming. It's always come before. Nor can they believe they're upside down on their homes. They go to to great lengths to save assets that are worthless. I've watched clients go from millions in equity to negative equity since 2008. Woe to them. We are now pushing analytics to help save businesses in a death spiral. For what it's worth to you. I've never laughed at your predictions and I am not laughing now. I can't remember anything you've thrown up without solid numbers to back it up. In fact sometimes you back it up so well I find your posts a little tedious.