Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
McKinsey: Half the World’s Banks Too Weak to Survive Downturn
31–40 of 165 posts
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#32We can always make more money if we really want to. The economy might run out of oil, sand, gold, land, and willpower but it will never run out of money until the central banks stop the money supply or politicians cause a hard fault.
No wonder you are hiding behind a throwaway, as you clearly don’t know what you’re talking about and are just posting mindless drivel. If you want to know the outcome of “we can always make more money” attitudes, look no further than Zimbabwe. In ~2007 they had a 50 cent paper note. ~6 months later a common paper note was $10,000,000,000. Just a short while after that, paper notes were being printed in one hundred tr…
Zimbabwe doesn’t have the US military backing its debt.
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#33Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
Private Doctor practices? How can they be vulnerable?
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#34but mckinsey work with the r0thshicl bankers to https://youtu.be/rGKBRacvasg?t=514 and they are justpeddling the gl0balist agenda...blah blah blah
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#35Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
I don't agree on the private doctor practice. Source, married a dr
Worst, worst case, the ~15k/yr in rent, ins, and software put a dent in profits, but if each visit is min 75$, you can figure out how hard it is to break even. Upper revenue is 200k+/yr
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#36https://youtu.be/rGKBRacvasg?t=1209 gloablist agenda peddling professionally...we watch
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#37Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
Private Doctor practices? How can they be vulnerable?
Not an expert but the processing cost of insurance is supposedly very high. Question: how high compared is the cost of processing insurance on some meaningful basis?
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#38but mckinsey work with the r0thshicl bankers to https://youtu.be/rGKBRacvasg?t=514 and they are justpeddling the gl0balist agenda...blah blah blah
You're honestly not wrong; I've spent a lot of time working in the industry and consulting companies (specifically McKinsey, but all the audit firms are involved too) are the back channel for much of the high-level corruption in the world.
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#39Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
I don't agree on the private doctor practice. Source, married a dr Worst, worst case, the ~15k/yr in rent, ins, and software put a dent in profits, but if each visit is min 75$, you can figure out how hard it is to break even. Upper revenue is 200k+/yr
Reimbursement compression along with EHR/EMR requirements has seen a lot of practices acquired by large health systems.
Re: McKinsey: Half the World’s Banks Too Weak to Survive Downturn
#40Not that I disagree. Its same pattern: half of the universities, most of liberal art colleges, 60% of IT companies, 70% of private Doctor practices and so on are too weak to survive next shock. The only sad part I see is nasty businesses like McKinsey is not fitting in any pattern of failure.
Why are you calling McKinsey "nasty"?