Showing posts with label klabin. Show all posts
Showing posts with label klabin. Show all posts

Tuesday, 16 September 2008

Credit Crisis, an alternative view







Very disappointing to see all those poor souls leaving Lehman Brothers yesterday with their stuff clutched in a cardboard box, but it raised a very serious question which doesn´t seem to have been addressed as yet.

Where do these cardboard boxes all come from?

I used to think that the IT department in a company were the first to know when a person or persons were about to be "liberated to pursue other interests". They are always ready to shut down access passwords etc., but now I realise that I am wrong.

The time taken to close a password and user information is seconds (unless you happen to work in my office, but that´s another story) however the time needed to get quotes for boxes, choose suppliers and get the things delivered.....well that´s another story. So now I know..they must be the first ones in the picture.

On the cardboard box note, it seems that paper companies could be a reasonable bet for anyone who still has a few dollars/euros/yuan to gamble with...oh sorry, invest. With conservative estimates running at 500,000 redundancies by the end of the year there will be a mini boom for the plant/bottle/stapler holders.
I noticed that Klabin the biggest Brazillian paper for packaging company is investing over a billion dollars in their new expansion, from 1.6million tonnes per year to a 2million tonne capacity, creating 250 new direct jobs...seems like someone got their 5 year plan right at least.