Thursday, March 3, 2016

Check & Balance

I think there's nothing wrong with people who went bankrupt or business who went bankrupt because some of the reasons can be blamed most of the time due to poor economic condition of one's city or country. There's nothing wrong with being bankrupt because you seek to register yourself and your company for bankruptcy process of repaying unlike those who escaped from such process, changing their names, escape to other countries to elude what they owed. In Bankruptcy procedure you are paying what you owed in a legal process to avoid pending illegal acquisition of your properties. There's nothing wrong with HONESTY. Honest people, people you can trust do the legal process of assessment as in check and balance just like the GOVERNMENT having CHECK & BALANCE, hoping graft and corruption is a thing of the past.

What companies went bankrupt in Canada? Remember TARGET and ZELLERS? They are big retail outlets in Canada. Eaton's, Woolworth, K-Mart they closed down, shut down their companies due to POOR ECONOMIC CONDITION of the place where these huge big box stores opened. Blame the people who aren't even buyers but just merely critic. Bad criticisms, bad publicity can ruin a giant industry and you can go down with the economy because your standard of living will also drastically changed. Unfortunately.  Business people who are educated and knew that trustworthy,  TRUST is not also an asset but also the right thing to do in this very competitive time of buying and selling process. When one door closes down, another door opens and that's the life of business and trade. When one company closes down you go down with them especially if you are one of the customers who benefit from their company. Let us stop those racist remarks about bankruptcy and bankrupt people because did you ever ask yourself you are one of those whose to be blamed in the POOR ECONOMIC SYSTEM?

POOR ECONOMIC SYSTEM? Using credit cards all the time!!!!!!! Using  money that you don't have. There are hundred millions + of people using credit cards. Many companies closed down because of such poor economic system. Without CASH flowing in your business,  it's doomsday! You are part of the system!!!! So stop your old fart from reaching my desk, okay?

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