1. Welcome to SportsJournalists.com, a friendly forum for discussing all things sports and journalism.

    Your voice is missing! You will need to register for a free account to get access to the following site features:
    • Reply to discussions and create your own threads.
    • Access to private conversations with other members.
    • Fewer ads.

    We hope to see you as a part of our community soon!

I don't watch this crap, but it's interesting...

Discussion in 'Anything goes' started by ScribePharisee, Dec 3, 2008.

  1. ScribePharisee

    ScribePharisee New Member

    Some of these people probably made high six-figures at least, but even Hollywood is feeling the pinch.


    This got me to thinking, where is all the money going? We're cutting but there's X dollars flowing world wide. If business are cutting expenses, cutting jobs and closing doors, someone's got to be hording what cash flow there is. Am I missing something?
    Sorry to make this a two-thought post.
  2. PeteyPirate

    PeteyPirate Guest

    You are missing something, namely the fact that economics is not a zero sum game. When the pie shrinks, then theoretically everybody should take a hit, and vice versa.
  3. ScribePharisee

    ScribePharisee New Member

    But no one is changing the bottom line: assets equals liabilities plus equity. One is swapped to the other but they all balance out and the cash doesn't disappear except into another category.
  4. Sheri

    Sheri Member

    Wouldn't it be the interest catching up? This is like a bubble.

    For example, if I get way behin don my household bills and run up my credit cards at the same time, it's going to take me awhile to regulate my finances again because there is a cost to being in a crunch like that.

    If you take that simplified theory to each company I owe money to and also assume they owe money with interest accumulating... and then throw in the equity, futures and stock marke volatility, it doesn't really matter where each dollar bill end up right now.

    Sort of, anyway?
Draft saved Draft deleted

Share This Page