In the classic old business cycle, there would be a diminution in sales it would take a little while for this information to reach corporate headquarters, ... And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.
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He was confident in his judgment, and he was right. The lesson is that sometimes you can't wait for the data to be definitive.
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There is a kind of a cascading chain, ... If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on.
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Based on Topics: Business & Commerce Quotes, Sales QuotesBased on Keywords: bam, diminution, pileup
The real problem is not why some pious, humble, believing people suffer, but why some do not.
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Now that I know how supermarket meat is made, I regard eating it as a somewhat risky proposition. I know how those animals live and what's on their hides when they go to slaughter, so I don't buy industrial meat.
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But whether, for example, a coat can be exchanged for twenty yards of linen cloth or for forty yards is not a matter of chance, but depends upon objective conditions, upon the amount of socially necessary labor time contained in the coat and in the linen respectively.
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