There's a lot of companies that profit from a weak dollar.
Sentiment: NEGATIVE
But if you look at WorldCom, which is the biggest failure to date, they grew dramatically, they were buying companies that were bigger than they were and they were doing it off inflated stock.
As you know, low demand and high supply means a drop in value of anything, including the dollar.
If a few companies were less greedy, the people at the bottom woud have a lot more.
There are lots of businesses that are well in excess of $9 billion that have gone into bankruptcy, that have been mismanaged. And that has not served anyone very well.
It's no surprise companies that quickly grow in value attract those who may want to also profit from the hard work of others.
They're out there, this appalling idea that there are companies that profit - not just profit but profit enormously - through war.
Many businesses fail because the owner wasn't willing to invest and wasn't educated on the difference between spending money frivolously and investing money into the business for growth, and the risks and rewards of that cash infusion.
Companies don't get rich hurting their customers.
You cannot have companies where many of the largest ones lose money indefinitely without someone finally waving the white flag, and IBM is the most recent example of that.
In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.