tag:blogger.com,1999:blog-7054126605724460225.post3128103364194194710..comments2024-03-20T21:17:14.523+00:00Comments on Justin's Amazing World At Fenner Paper: PaperlinX gets stroppy!Justinhttp://www.blogger.com/profile/16976966015377117780noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7054126605724460225.post-32327988968437127782012-10-22T21:30:51.548+01:002012-10-22T21:30:51.548+01:00Hi Justin. You write a really interesting blog abo...Hi Justin. You write a really interesting blog about the world of design. I got to read it because my wife is a graphic designer although I'm trader (corporate bonds) in the city. This article about paperlinx caught my eye (I know of them and the woes of this australian behemoth!) What you have described in your post here and the one before in July relates perfectly to an article by Sarah O'Connor in the FT back in September. She argues that the banks should not be throwing more money at struggling corporations. She quotes Jon Moulton of Better Capital (a restructuring expert) arguing that low interest rates and forbearance from banks anxious not to crystallise losses on corporate laons , have engendered a rash of "Zombie" firms in Britain. and he thinks that about a tenth of the country's companies wouldn't be in business if the insolvency rate was at the 1990's average. Now although paperlinx's worries are more global than just the UK, I can see some real parallels here. The article goes on to argue that insolvencies clear out bad business models, paving the way for more robust growth - how true is this of the paperlinx model! As the article goes on to say, maybe our problems come down to "the insolvency boom that never was" it's an interesting world!<br />Keep blogging. JonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7054126605724460225.post-41290421002274762792012-10-12T19:40:11.312+01:002012-10-12T19:40:11.312+01:00Hello Justin
This is a very interesting post. I kn...Hello Justin<br />This is a very interesting post. I know exactly which blog you are referring to! I work at Northampton for one of the PaperlinX companies you mention and the management have banned anyone looking at that site. Of course, needless to say everyone still reads it but from the comfort of their own home! I like what you write about, it's everything that paper merchanting should be about. Well done. Anonymousnoreply@blogger.com