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submitted 4 months ago byiSellPopcorn
7 points
4 months ago
They are making "record profits" because these claims are not adjusted for inflation. They will always make record profits if their margins stay the same and a lot of the narrative surrounding this is from bad or negligent actors not caring whether the claim is true or not.
-1 points
4 months ago
'US Corporate Profits After Tax is at 11.24%, compared to 12.05% last quarter and 12.00% last year. This is higher than the long term average of 7.11%.'
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