Loony Party Economic thinktank
R.U.Seerius
Last modified on May 22, 2014
We thought the principles of successful business used to be simple, Buy Low, Sell High=Profit
This has now given way to a new practice of sell everything off, complain about competition and increase your prices = profit.
i.e Royal Mail… The only company we know who make millions by going private (Share price up), make a 12.3% Profit in their first year, complain bitterly about other companies moving in and taking their customers, and then try to compete by putting Up their prices.
On this basis we may have to rethink our economic policies.
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