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Joined 1 year ago
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Cake day: August 13th, 2024

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  • Oh man guys, the amount of over-leveraged companies out there is insane. One of my competitors is going out of business with nearly 100mil in debt. They probably gross $25m per year. My suppliers tell me anytime a competitor asks to increase the payment terms. One large co. requires a net 1 year on the parts they order now. The system is cracking.