Forum Post: Unfettered profit margins caused the largest debt crisis the world has ever known.
Posted 13 years ago on Nov. 27, 2011, 3:22 p.m. EST by FriendlyObserverA
(610)
This content is user submitted and not an official statement
The only solution is to Cap profit margins
You mean unfettered demand for debt.
I agree, then I would not have to think any more:
Should I buy Hanes or Fruit of the Loom. They must be the same because both companies can only make so much profit of the undies
I won't feel guilty when I purchase at WalMart because they have the lowest profit margin in the retail arena, so everyone must be capped at that same margin.
But on second though, and I was hoping no not have to think any more, maybe they will raise the profit margin to a cap level equal to the highest in the retail market, then my prices at WalMart will be the same as those of Lord and Taylor. Bummer..
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