When the… power is out? Where do you live where that’s a concern and how do you heat your water without electricity?
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Joined 2 years ago
Cake day: June 11th, 2023
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When a clown moves in to the Palace, the clown doesn’t become a King. Rather, the Palace turns into a circus. (or something like that)
Well the arithmetic isn’t that simple. Cost of purchasing goods is far from WMT’s only cost. So even if you assumed that particular expense increased 25% (reality being less), the impact to profit would be always less. Maybe WMT technically could eat the cost, their executives have probably ordered projections. But market forces and the will of the shareholders certainly makes it an unlikely proposition.