The Channel logo

back to article Ingram Micro slams credit crunch 'negative thinking'

A senior Ingram Micro Europe exec has said that the channel is paying too much attention to fears of an economic downturn. Instead, said Johan Vandenbussche, vice president of the firm's pan-European business unit, keeping its chin up and taking a positive outlook should help the channel swerve any recession. Vandenbussche …

COMMENTS

This topic is closed for new posts.
Silver badge
Alien

Negative Equity and Unreal Thinking creates the credit crunch, Johan.

Oh dear ....another headless chicken fond of his feather nest.

Ok, Johan, let's just pretend like good little boys that you might actually know what you are doing. Would that keep you happier than actually heralding Change? It would also keep all those sticky fingers in the pie/noses in the trough, wouldn't it. I do admire your dogged optimism, though would suggest that whenever it is misplaced it does everyone the Greatest of Dis-Services, but then Business Ethics and SOX Compliance are Alien to the dog eat dog world of the Markets and Fantasy Financing where the Rules of the Game are as flexible as you would wish to make them and where they're so easily bought. I suppose it is always a case of .."If you can't beat 'em, join em" although when it is a recipe for disaster one would have to question the Wisdom in that miserable failure.

The problem isn't Credit, the problem is Debt dressed up in fancy clothes and pimped as easy money for nothing of value ...... or would you disagree?

MeThinks some new Blood into the System, with some good old fashioned blood letting to purge it of Impurities, would do IT no harm and a Power of Good..

0
0
Bronze badge
Alien

IMPOSTER

That can't be our manfrommars, he actually made perfect sense that time...

I agree with him as well, the current conditions are entirely due to dressing debt up as an opportunity. As a result of loaning billions to people who simply had no way to pay back loans they've created a vicious circle where they're repossessing homes in areas where only the poor will live. With no one to buy the repossessed homes back from the banks they have no choice but to write off the debt. So far that's wiped off 100 billion from the financial markets with more still to come.

0
0
This topic is closed for new posts.

Forums

Opinion

Privacy image

Frank Jennings

Two working parties, ministers galore... but data transfer law remains in limbo
EMC_Unity_bezel

Chris Evans

It does simplify the hardware setup, whatever it is
A microscopic view of the biometric shark skin. Pic: James Weaver

Chris Mellor

Do something and stop faffing about in the bush league

Kat Hall

International system in general needs greater transparency

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers