To arrive at their 2004 revenue estimate, the companies' well-paid advisers seem to have examined historical growth rates at both companies, interpolated them into the future and whacked 4.5% off the total to reflect the inevitable loss of business that occurs as two companies trim sales forces and eliminate product lines.
In the past, we might have shrugged off this massive, regional economic loss as inevitable in the game of business, but when the region of the world in question is the politically unstable Pakistan, it should give pause.
Unless the costs associated with producing American vehicles in union shops are dramatically reduced and there is a turn-around in the appeal of such cars and trucks to consumers buying fewer of them from anybody, the writing is on the wall: No amount of largesse at the taxpayer's expense is going to stave off the autos' inevitable downsizing, job loss and economic dislocation.
Conventional wisdom is that he was France's far-sighted saviour, accepting almost from the outset that the loss of Algeria was inevitable.
It will be better for the US to realise that the principle of compensation is inevitable - and negotiate a limit on Loss and Damage rather than leave the liability unlimited.
"A loss in these kinds of markets is inevitable, " says Michael Eisenson, a former HMC staffer who now runs private equity firm Charlesbank.
The pace of job loss is slowing and encouraging labour hoarding will hold back America's inevitable economic restructuring.
"Removing mail work from Sanquhar would result in a loss of a third of the post office income and mean closure was inevitable, " she said.
None of them looks likely to alter that profitable formula much after Tuesday, though the loss of some viewers--and advertisers looking to reach them--is inevitable.
While it is inevitable that technology should spread and manufacturing move to less expensive regions closer to developing consumer bases, the loss of technical opportunities and experience in the US will likely reduce our own ability to drive innovation and develop rewarding careers for the future.
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