lancec2c30
Future ex-member
- Messages
- 4,012
- Location
- Chehalis, WA
O ya, If you got location it works great. But here where I live the scrapping industry is so flooded that you just can't make much.
There is this dude in the UK not far from me in a little place called runcorn who was the UK's if not the worlds first scrap metal millionair, all he did was buy some land an say to people hey i will take your old cars an anything else metal for a few quid.
When a car comes in from a crash he siphons off the fule into drums, takes any salvageable components out, cubes the rest an then sells it to foundries in the local area. Firdges, cars, air craft, boats everything ends un in the one yard and he has been doing it since the late 70's last i heard he was woth over 10 million. worth it huu?
They plunged because they don't understand how a capitalist system works. In universities everywhere they teach the philosophy of John Maynard Keynes. He thought that government should back up businesses and help them when they did poorly. The only problem is, if you bail out businesses that are unsuccessful you end with a bunch of wasteful and unproductive businesses that operate in the red.
We should have let them all fail. The managers who's bad judgment let this happen would have payed the price. People would rethink how business should be run and we would come out with a better system. instead the government saved them, in turn letting those execs run away with large multi million dollar pensions. Letting the companies fail would means those execs (the same people who run the fed) would loose money. And we don't want that to happen now do we?
The whole system is corrupt.