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Many industries have well defined boom-bust cycles that have little to do with consumer demand. I was at Boeing when their bust was happening during an overall
by coredog64 10y ago
Many industries have well defined boom-bust cycles that have little to do with consumer demand. I was at Boeing when their bust was happening during an overall economic boom, so it's even possible for that cycle to be out of sync with the greater economy.
- DominikR 10y agoDid their bust occur due to insufficient demand for their products at the time? (or at least projected future demand) It would surprise me if that wasn't the case. Insufficient demand can happen for many reasons, some of them can be caused by poor decisions within the company, some of them can be caused by the overall economy.