Nov

30

 The following quote inspired several hypotheses from the indictment of capitalism in Adbusters:

"Many Japanese remember with a shudder Hiroaki Kushioka, the accountant turned whistle blower, forced to spend more than 30 years tending the weeds in the company parking lot after bringing a major price fixing scandal to light." Adbusters special paradigm shift issue, 2008.

The way one handles failure in the executive suite in the US is somewhat dissimilar. No increases in salary or bonuses are allowed.

What is the performance of companies based on their physical assets to financial assets ratio? What is the performance of the top 100 brands these days? How does the spirit of a country affect its markets? Are we now following Japan not only in market performance the next period but also in cultural trends like the worship of teen sex symbols? Are companies committed to preserving zero growth somehow destined to abysmal market performance like those that serve coffee et al that is produced by elites in underdeveloped countries? The studies of ratios of good will to normalized value might be very apropos now and would have to take into account the relation to concurrent and previous market moves. Will we finally abandon the flawed idea that sales growth is better than profit growth in reports of interim earnings? Chickens come home to roost eventually. How can this be quantified, and how does this relate to the recent fall and now recovery of the last remaining conglomerate who received 4.5 billion for a speculation that stock prices would not fall in 12 years? Who would have been so foolish as to give 4.5 billion which doubles in 12 years for a speculation that has say over the last 100 years only a 1 in 20 probability of paying off unless they got at least a 10 fold or 20 fold payoff on it?


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