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Friendly for certain kinds of businesses and practices - those that make short-term high gains for investors through rent-seeking and asset-stripping before shu
by frobozz 7y ago
Friendly for certain kinds of businesses and practices - those that make short-term high gains for investors through rent-seeking and asset-stripping before shutting down or selling off to the next mug before it all goes down the pan.
Not friendly for manufacturing (relying on JIT inventory management across borders and regulatory alignment for exports).
Not friendly for scientific spin-off/catapult startups, which rely on the the universities attracting researchers and research grants.
Not friendly for anything relying on a large number of domestic customers with disposable income (e.g. retail), because everyone will have to save up against the fear of sudden unemployment or US-style healthcare bills.
Basically, most things that are not good for the general public are also not good for most business, because in the end, businesses rely on customers buying their product (or in a B2B scenario, their clients' products and so on).