4 ms·
Market will correct itself eventually.
by cryptozeus 4y ago
Market will correct itself eventually.
- z9znz 4y agoI think this mentality is about like saying the earth/climate will correct itself eventually. Yeah it probably will, but long after I would have liked it to (for my selfish benefit).
- LeoPanthera 4y agoNo it won't. "Sears" used to sell high-quality own-brand products, then eventually outsourced to China, now it's gone. Amazon is the next Sears. Eventually something will come along with a selection of curated high-quality products, everyone will celebrate how amazing it is, and it will replace Amazon. Then that too will eventually need to pay back investors and shareholders, exploit its dominant position in the marketplace, and race to the bottom, again. This is the natural cycle of commerce in capitalism.
- cryptozeus 4y agoYes sir you just explained in a paragraph what I said in one sentence haha