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Marshall, as well as many other PLC's in the last three decades, have long relied on business inertia and financial leverage to further their business model, based on continous shareholder profitability growth and agressive marketing practices.

Once easy credit dissapears, this business model is no longer valid and hence, the incredibly quick way this crisis is affecting businesses. Easy credit created an artificial business environment where companies that were no longer competitive or focused on costumers needs managed to survive and even compete in the marketplace.

This is fast coming to an end: we are going to see a lot more companies going bust and/or merging to survive in the next few months.

I agree with you Gabino

One imagines that they do not read it, or if they do, they will studiously ignore it! Gabino, you are spot on!

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