Right, after a weekend's recharge, how is the world? In Singapore, some big names in F & B (food and beverage) continue to shock. Angelo Sanelli, one of the best known names in pasta, has left his flagship Michelangelo's group. On a completely different market, Sungei Road, affectionately known as "thieves' bazaar" in the '70s, was reported to have slashed prices by 20%. Imagine a thief offering to steal less of your stuff?
Luxury stores have been known to offer discounts , reports the Sunday Times 22 Feb 2009.
Know what I think? All the talk about "bottoming out" is just denial. There's more bottoming to be done. A fresh start would be to stop all this denial and actually add a 20% discount to how low each company's net value is.
There's a fresh start.
At least, we can start looking forward to positive news from there on. If any world leader is reading this post (fat/slim chance), let him/her take note. When you are unprepared, that's the first thing your audience notices.
Sunday, February 22, 2009
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By the way, thieves not stealing less of your stuff, just charging less for their loot. This means they now have to steal more to earn the same.
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