The Slowdown Cancer Spreading
But why listen to Dell's CFO when you can listen to the happy folk:
Chief Financial Officer Brian Gladden added that Dell also is seeing a slowdown in tech spending that is beginning to metastasize.
"It really started with big corporations, and we've seen slowing in state and local government spending, small to medium sized businesses as well," Mr. Gladden said in a conference call with reporters.
The company expects "continued conservatism" in business tech spending in the U.S. as well as Europe and "several countries in Asia."
"Continued conservatism?"......is that like a compassionate conservative who bombs the crap out of the wrong country??????and makes sure to keep bombing the country after he learns he screwed up?????
The language is getting more and more creative. The result is inevitable....as revenues slow over an unprecedented pile of debt.......more and more will get fired and more and more will default.
Pretty soon most American municpalities will be forced to declare bankrutpcy....is there a way to short muni bonds?????
If you got money.....pretty soon your Uncle will be calling.....since few will be able to pay......it will be your Patriotic duty to give it ALL to him......don't say Alstry didn't warn you.....comrade.