Majorem Lending PHL | August 26, 2013
It was a tough week for US retailers last week? What do you think? What is happenning/
Are these retailer's business models not working? Have they changed business fundamentals? Have they lost their drive?
Will Walmart continue to be the wolrd's biggest company in term of sales? Why is it showing signs of weakening? Has its leadership and organization faltered?
Some pundits say that simply this is an index of weak consumer confidence/ spending and high unemployment rate, many Americans dependent on food stamps, many muni that are bankrupt, sequestration, weak overall confidence because of new round of debt limit legislation in US (2nd since August 2011 - they have used up the limit set by that law)
What is the impact of this to situation to:
l. China (who does many offshoring, outsourcing manufacturing jobs for Walmart and other US firms;
2. India (also outsourcing for US)
3. Japan who exports a lot of electronic consumer products to US and also cars.
4. Germany who exports expensive luxury cars to US
5. South Korea
Looks troublesome for many economies. Even for Filipinos who are dependent on US dollar inflows from US?
What are the solutions? What is to be done
It was a tough week for US retailers last week? What do you think? What is happenning/
Are these retailer's business models not working? Have they changed business fundamentals? Have they lost their drive?
Will Walmart continue to be the wolrd's biggest company in term of sales? Why is it showing signs of weakening? Has its leadership and organization faltered?
Some pundits say that simply this is an index of weak consumer confidence/ spending and high unemployment rate, many Americans dependent on food stamps, many muni that are bankrupt, sequestration, weak overall confidence because of new round of debt limit legislation in US (2nd since August 2011 - they have used up the limit set by that law)
What is the impact of this to situation to:
l. China (who does many offshoring, outsourcing manufacturing jobs for Walmart and other US firms;
2. India (also outsourcing for US)
3. Japan who exports a lot of electronic consumer products to US and also cars.
4. Germany who exports expensive luxury cars to US
5. South Korea
Looks troublesome for many economies. Even for Filipinos who are dependent on US dollar inflows from US?
What are the solutions? What is to be done
---------- Forwarded message ----------
From: Tony Sagami <alerts@e.uncommonwisdomdaily.com>
Date: Thu, Aug 22, 2013 at 3:01 AM
Subject: A tough week for the retail sector ...
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From: Tony Sagami <alerts@e.uncommonwisdomdaily.com>
Date: Thu, Aug 22, 2013 at 3:01 AM
Subject: A tough week for the retail sector ...
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