[!@#$%!]

Originally Posted by demonrail666

No, but mine was. You asked what I meant by ruthless which I assumed you meant in reference to my point about ruthless corporate practices, so I gave a real world example of one.

that is a deadbeat customer not a “corporate practice”

deadbeat customers come in many forms, from internet pirates to people who default on their credit cards and the banks has to “settle”. the orange blob was also a consummate deadbeat. sometimes when a good honest business begins to fail they can’t meet their obligations either. shit happens to everyone.

there is a risk when you lend money to anyone. filling a purchase order is an act of lending. it takes trust. this is where credit ratings come handy—you know who is a credit risk.

a customer with good credit usually will have a running account with a business, even get discounts.

a deadbeat might be required to pay upfront in cash.

a business in the habit of stiffing their suppliers is going to run out of suppliers very fast

these things are part and parcel of doing business. this is why there is loss as well as gain. this is what the average uninformed indoctrinated does not understand—they think that “business” is all gain all the time.

the question of getting paid sooner but less, or later but in full, is the reason why lending risk needs to be factored in. sometimes everyone pays on time and you have “excess profits! shame on greed!”. and other times you’ll be robbed.

this is also why there is a trade in business notes. if you’ve ever considered a “money market” account in the bank, it comes from the trade of, among other thing, short-term business debts as financial instruments.

so... i get that your employer was stiffed by a corporate customer but that is not a feature of “corporate practices”.