Originally Posted by
dailycommute
Global economy is at tail end of 10 year debt binge and many are leveraged to the hilt. Rising rates/borrowing costs are going to wipe out a lot more than just Performance/Nashbar.
I disagree. Every adult on planet Earth knows rates go up as well as down. It isn't the normal cycles of change that caused Performance to fail. It was poor management that hurt Performance, and Sears, and GM, and many others. No one wins every race... or any other competition. And
business IS a competition.