Wednesday, December 9, 2015

Inventories and Sales = An Unannounced Recession/Depression = Greensboro's City Council passing out gifts to their friends at their competitor's expense

The red line is Wholesale Inventories, which are at all time highs.

The very high inventory level means lots of stuff has been produced, but not sold.

When stuff produced sits too long on warehouse shelves, and the warehouses run out of shelves and/or the producers don't want to pay even more for storage, production is cut to clear out excess inventories.
Production cuts = layoffs = financial stress = lower consumer spending = even more inventories = even more production cuts = even more layoffs = even more financial stress etc...

Everyone gets to participate in what's coming.

Some will be in better positions than others, as they bought some elected officials and stole from everyone else's kids without regret.

This is what fascism is.

This is Greensboro, where a party where you and 20 of your friends can buy millions in incentives paid for by those not in attendance, with $50 to $100 a piece.

Considering what's coming, anyone who has a business in Greensboro should make some contributions and ask for taxpayer money to get through.

These are the current rules of the game.

Our locally elected leaders are totally open to bribes and scams to defraud the public.

Defrauding the public is Greensboro City Council's specialty, especially for the country club old money crowd.

The News and Record, Roy Carroll, via the Rhino Times' John Hammer, Matt Brown, Rick Lusk, Jim Westmoreland, Joe Killian, Walker Sanders, Jim Melvin, Mo Green, the Koury Clan, Allen Johnson, Jeff Gauger, Nancy Vaughan, Nancy Hoffmann, Dawn Chaney, Justin Outling, Jamal Fox, Tony Wilkins, Sharon Hightower, Marikay Abuzuaiter, Mike Barber and Yvonne Johnson would love to accommodate anyone who want's to pay to play.

So why not?

All you have to do is sell your soul to the devil.

No one will know but you, as our news industry is in on it.

It's part of how Warren Buffett and Roy Carroll do business.