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Reply #90: Privatation will speed up the Walmartization of America [View All]

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kohodog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-24-04 09:42 PM
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90. Privatation will speed up the Walmartization of America
My struggling printing business will surely be "collateral damage." Think about it, Wallmart puts local business to rest. Why? Because big businesses (publicly traded) with capital that have world wide presence can shift capital from profitable regions to struggling ones and put smaller competitors out of business. If SS money goes into the market it will kill off a huge percentage of locally owned companies. Companies with capital can squeeze companies that are on a limited credit line. So the huge influx of money into the market will kill locally owned companies.

Let's go Bush! I want to work for Wallmart.
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