Just Something to Consider…

“What this discussion implies is that an essential requirement of economic recovery is that the widespread problems in the balance sheets of business firms must be fixed. Business firms need more capital, less debt, and more cash. When they achieve that, business confidence will be restored.” –  George Reisman,  22 November 2009  http://georgereismansblog.blogspot.com/2009/11/pro-free-market-program-for-economic.html#links

“Big U.S. companies have cleaned up their balance sheets and, flush with cash, appear open to using it in 2011 on factories, stores and even hiring.”James R. Hagerty and Dana Mattioli, 1 January 2011  http://online.wsj.com/article/SB10001424052748704774604576035791444372756.html?mod=WSJ_hp_MIDDLETopStories

Happy New Year!

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About Christopher Hessenflow

Christopher Hessenflow is a financial planner in the Chicago area. He works with all sorts of people who are much more interesting than he is. He enjoys his career which lends him time to think and, sometimes, be creative. Chip was born bald.
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