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I blame the feds loose money policy that enabled credit happy banks to feed Borders unsustainable expansion spree.
Borders liquidation is another symptom of Americas monetary disease.
Nobody puts a gun to the heads of group of coroporate executives and tells them to expand their brick and mortars stores as book, music and and DVD sales move to the web on a wholesale basis.
The bottom line is the executive leadership at Borders made some terrible decisions that forced them to liquidate their company.
Nobody puts a gun to the heads of group of coroporate executives and tells them to expand their brick and mortars stores as book, music and and DVD sales move to the web on a wholesale basis.
The bottom line is the executive leadership at Borders made some terrible decisions that forced them to liquidate their company.
Sure the numerous execs they went through made mistakes and are accountable.
Amazon will devour all of the bookstore businesses for dinner within a few years. I speculate Half Price Books will close some stores.
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