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anigbrowl

(13,889 posts)

61. Oh dear

Tue Jul 12, 2016, 06:17 PM

Jul 2016

surely you have noticed that many large companies sometimes run at a loss for several years and borrow money to stay afloat. Not being able to make a big profit for a few years in a small country is not that big of a deal to a large multinational firm like K-C, it's more rational for them to just ride it out and wait for better economic times in which they will still have a big share of the market.

All your arguments depend on the premise that Kimberly-Clark is lying while at the same time you're unwilling to admit that any of this could be the fault of the Vz government. Are you willing to at least consider the possibility that the government there is simply incompetent and doesn't know what it's doing?

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Kimberly-Clark: Venezuela seizes and re-opens US-owned factory [View all] Little Tich Jul 2016 OP

I wonder if they were lying about not being able to get raw materials if not then I wonder cstanleytech Jul 2016 #1

The way it gets everything else, steal them. nt 7962 Jul 2016 #5

Why should they, they make more money if they have toilet paper to sell anigbrowl Jul 2016 #56

and venezuela continues to double down on failed policies. Statistical Jul 2016 #2

So once again, the govt steals assets. More failures for the "revolution"! 7962 Jul 2016 #3

yay socialism! nt Elmergantry Jul 2016 #4

People need toilet paper, Venezuela has to do what it has to do. BlueEye Jul 2016 #6

Of course K-C will be fine. By their statement they have pretty much written off the theft ... Statistical Jul 2016 #7

Good point. BlueEye Jul 2016 #8

"government takeovers... actually sometimes make sense." jonno99 Jul 2016 #13

Hire a guy who knows how to keep a factory running? seabeckind Jul 2016 #17

How do they get the raw materials they need? hack89 Jul 2016 #20

That's the reason K-C gave. seabeckind Jul 2016 #23

Industry after industry is shutting down in VZ because there are no dollars to import materials hack89 Jul 2016 #28

Ahh, moving the goal posts are we? seabeckind Jul 2016 #33

We are talking about being able to buy raw material. Which require dollars hack89 Jul 2016 #35

It's not moving the goal posts if both phenomena have the same underlying cause anigbrowl Jul 2016 #60

I'm pretty sure Kimberly-Clark already has people who know to run toilet paper factories anigbrowl Jul 2016 #58

I have no doubt they do. seabeckind Jul 2016 #64

Good luck manufacturing something without any raw materials anigbrowl Jul 2016 #78

All we have is the company saying they couldn't get raw materials seabeckind Jul 2016 #80

Well given how widespread this problem is I find them a lot more credible than you anigbrowl Jul 2016 #83

This sort of thing is usually a spiral downwards. Igel Jul 2016 #14

Crisis is management is appropriate for an external shock anigbrowl Jul 2016 #57

What's the primary goal of K-C? Make a profit. seabeckind Jul 2016 #18

If onlye the government would take over every factory and remove the profit motive Loki Liesmith Jul 2016 #19

You might check out the Mondragon Corporation. seabeckind Jul 2016 #30

Bankruptcy of Mondragon company demonstrates limits of cooperation under capitalism AntiBank Jul 2016 #115

Isn't that true of all businesses? seabeckind Jul 2016 #117

That still doesn't solve the problem of raw materials hack89 Jul 2016 #21

What makes you think that supply of raw materials is the reason? seabeckind Jul 2016 #24

Because the OP specifically states it is the reason hack89 Jul 2016 #26

And you believe everything a news release from a corporation says. seabeckind Jul 2016 #41

When multiple news sources both foreign and domestic hack89 Jul 2016 #42

And the commonality in those source's source is???? Tada! seabeckind Jul 2016 #43

Reporters on the ground and the people they interview hack89 Jul 2016 #44

Assuming that the general access to information seabeckind Jul 2016 #45

So after hundreds of companies shut down because of a lack of dollars hack89 Jul 2016 #46

I thought it was a lack of raw materials. seabeckind Jul 2016 #47

They need dollars to purchase the raw materials. hack89 Jul 2016 #48

It's difficult to obtain raw materials if nobody will sell them to you because you have no money anigbrowl Jul 2016 #62

They should seize the raw materials too! Throd Jul 2016 #63

Oh dear anigbrowl Jul 2016 #61

I really hate to break this to you but..... they closed the factory. seabeckind Jul 2016 #67

And you apparently think they did this because they couldn't figure out how to run it. nt anigbrowl Jul 2016 #77

Don't know, don't care. seabeckind Jul 2016 #81

You're Being Ridiculous ProfessorGAC Jul 2016 #112

Nope, that wasn't the premise at all. seabeckind Jul 2016 #116

You're Simply Wrong ProfessorGAC Jul 2016 #124

I never said that there was not a negative profitablilty seabeckind Jul 2016 #127

This is why there can be no trade with Socialist governments. MohRokTah Jul 2016 #9

Guess it all depends on what you mean by socialist.. Statistical Jul 2016 #10

You forgot to add GulfCoast66 Jul 2016 #25

The key word is regulated. seabeckind Jul 2016 #29

Agreeded GulfCoast66 Jul 2016 #36

As contrasted with capitalists, guillaumeb Jul 2016 #51

Yeah those darn Swedish people and their socialism! Rex Jul 2016 #54

That's a very Republican... scscholar Jul 2016 #59

. MohRokTah Jul 2016 #88

You failed to explain your opinion that seizing privately-held property... scscholar Jul 2016 #89

It helps? Throd Jul 2016 #92

I don't answer personal attacks. eom MohRokTah Jul 2016 #93

What will those workers do with no raw materials? Archae Jul 2016 #11

Turn a bunch of their useless currency into toilet paper? n/t christx30 Jul 2016 #12

Already done. Igel Jul 2016 #15

squeeze the charmin DustyJoe Jul 2016 #32

Interesting situation, isn't it? seabeckind Jul 2016 #16

The government could help Kimberly-Clark get the raw materials they need. hack89 Jul 2016 #22

Think anyone noticed how you deftly avoided all my points? seabeckind Jul 2016 #27

Except K-C is only one of many business shutting down. hack89 Jul 2016 #31

Moving goal post. seabeckind Jul 2016 #34

VZ economy contracted 15% last year and will contract even more this year. Inflation is over 700% hack89 Jul 2016 #37

What do you say about the airlines christx30 Jul 2016 #38

Nothing. I guess travel in and out of Venezuela will have to be done without them. seabeckind Jul 2016 #40

A country turning away from air travel is not a good thing hack89 Jul 2016 #49

Nice quantum leap you did there. seabeckind Jul 2016 #69

Every business model in VZ requires dollars hack89 Jul 2016 #71

I'm sure that makes sense somewhere seabeckind Jul 2016 #79

VZ can't feed their population. Their health care system has collapsed hack89 Jul 2016 #84

there is no business model in which your costs consistently exceed your revenue anigbrowl Jul 2016 #74

You just said Lufthansa lost $100 million. seabeckind Jul 2016 #82

How will Air France get the dollars they need? nt hack89 Jul 2016 #85

Maybe they got smarter people than Lufthansa. seabeckind Jul 2016 #86

Why can't they get dollars from the government? hack89 Jul 2016 #91

The way it was supposed to work was that christx30 Jul 2016 #96

And Venezuela becoming more isolated is good how exactly? Marksman_91 Jul 2016 #50

OMG anigbrowl Jul 2016 #73

Oh noes, cue the fainting couch. seabeckind Jul 2016 #76

How can any airline survive in VZ? hack89 Jul 2016 #94

The carrier factory will not be abandoned Travis_0004 Jul 2016 #65

Why do you assume only 2 alternatives? seabeckind Jul 2016 #98

I realize that patents came from the workers, but they were paid for that Travis_0004 Jul 2016 #102

Actually the engineering part is in Indiana. seabeckind Jul 2016 #105

For sure will there be a market for those furnaces, correct? FrodosPet Jul 2016 #103

Really cool strawmen you have there seabeckind Jul 2016 #106

Lots of socialists say "Nationalize" all the time FrodosPet Jul 2016 #122

Oh boy, a new strawman. seabeckind Jul 2016 #123

Hmm, law and economics seem unfamiliar to you anigbrowl Jul 2016 #72

Eminent domain... not just for dinner seabeckind Jul 2016 #90

Forest? Really? GulfCoast66 Jul 2016 #119

Forest. Really. seabeckind Jul 2016 #121

Have you ever been in a paper or pulp mill? GulfCoast66 Jul 2016 #128

Why yes, I have. seabeckind Jul 2016 #129

I would love to find myself in a country with lots of small toilet paper makers GulfCoast66 Jul 2016 #130

Your arguments get more and more absurd. seabeckind Jul 2016 #131

I look forward GulfCoast66 Jul 2016 #133

that will make the corn haulers happy SheriffBob Jul 2016 #136

Abandonment. seabeckind Jul 2016 #39

Great job of taking on a number of defenders guillaumeb Jul 2016 #52

If that's your idea of a great job then I shudder to think what you consider a bad one anigbrowl Jul 2016 #75

The anti-Venezuela arguments proffered here by guillaumeb Jul 2016 #118

There's more evidence that indicates that Vzla's current crisis is due to the Ven govmnt's actions Marksman_91 Jul 2016 #120

The election of Hugo Chavez caused Venezuela to become a target of the US, guillaumeb Jul 2016 #125

The US never liked Chavez Marksman_91 Jul 2016 #134

This message was self-deleted by its author mahatmakanejeeves Jul 2016 #114

So K-C said they had no intention of ever returning or reopening? hack89 Jul 2016 #53

Maybe? Bradical79 Jul 2016 #126

Nice. I applaud you for dealing with fact free replies. Rex Jul 2016 #55

That poster refuses to even admit VZ's eeconomy is collapsing hack89 Jul 2016 #68

Hmm, maybe you should come visit Venezuela Marksman_91 Jul 2016 #66

I think it has much more to do with the Chicago economic principles. seabeckind Jul 2016 #70

they don't literally abandon it treestar Jul 2016 #108

The point I was making is that the abandonment statute seabeckind Jul 2016 #109

This has been a great thread, thanks to all. seabeckind Jul 2016 #87

The entire economy is collapsing hack89 Jul 2016 #95

I thought this whole thing was about a factory being "seized". seabeckind Jul 2016 #97

It is one of thousands of failed businesses in an economy that is shrinking by 15% a year hack89 Jul 2016 #99

Wel then hel, just turn off the lights. seabeckind Jul 2016 #100

Realistically it is too late hack89 Jul 2016 #101

Words fail me. I've rarely seen such a demonstration of COLGATE4 Jul 2016 #104

Perhaps it's a comprehension problem seabeckind Jul 2016 #107

Quit while you're ahead. COLGATE4 Jul 2016 #110

And a strike two!! seabeckind Jul 2016 #111

The Ven. government should do this with any "closed" factories "abandoned" in their country. Sunlei Jul 2016 #113

Time to do a slight course change. seabeckind Jul 2016 #132

My first instinct is TheFarseer Jul 2016 #135