Samsung in six months: "Why did our phone sales drop so sharply?"
This is your periodic reminder that when a "brilliant" billionaire hedge fund investor actually tried to run a real business, he did a hostile takeover of Sears, emptied out its store maintenance fund to give dividends to shareholders, and then told its executives that Sears was going to stop wasting money on stores and become a customer data broker now. He probably read about data being the next big business frontier in Forbes.
He ran the company into the ground, all the while screaming at subordinates that they were stupid for not understanding his visionary approach.
People like this don't create anything. They're more like a plague of locusts.
We live in a world where middle-class parents can't make ends meet unless both of them work outside the home at well-paying jobs and nobody has time for parenting, work, and friends, so one of those has to go.
And yet people still wonder why depression is on the rise.
Westerners when we feared that the next pandemic would come from a Chinese wet market: "All wet markets should be shut down now!"
Westerners now that the next pandemic is likely to come from industrial chicken farming: "We obviously can't shut down industrial chicken farming. There's no way I'm paying $25 for a family-pack of chicken breasts".
Justin Trudeau, leader of Canada's Liberal party, actually came out and said the truth about why they won't try to lower the cost of housing, and nobody noticed. He said that they don't want to make housing prices drop because older people rely on high housing prices to fund their retirement, and the government needs to protect their interests, so ... without saying it out loud, he basically said that young people can go pound sand. And if you think the conservatives are any less likely to take the side of affluent older homeowners, I have a bridge in Florida to sell you.
This is not about liberals versus conservatives: it's about old people versus young people. Much like the so-called "War in Gaza", the generational war is one in which both sides express equal emotional hostility, but almost all of the actual suffering is being inflicted on one side.