Monday, July 8, 2013

DB UNION

DB could well stand for Deadbeat Union as in soaring bad debts plague the EU, according to a story in today's WSJ.

In the face a a continuing shrinking economy business owners are calling on what you to be known as  the low man or the repo guys. We once knew a guy who reposed cars for a major bank. It can be a frustrating, nasty business.

Judging from the WSJ Piece it's also a costly one. It's also an insight on EU small businesses and capital starvation.

http://online.wsj.com/article/SB10001424127887324251504578579190607237804.html?KEYWORDS=Debt+collectors
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