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Sadly seems to be the way of the world in general. Growth at all costs. Heck even if you grow at a smaller percentage of what you grew by the year before the
by ChildOfChaos 4y ago
Sadly seems to be the way of the world in general.
Growth at all costs.
Heck even if you grow at a smaller percentage of what you grew by the year before the markets get spooked and the headlines of doom begin, even for companies doing insane numbers.
- philshem 4y ago“Growth for the sake of growth is the ideology of the cancer cell.” —- Edward Abbey
- rogers65 4y agoNot the way of the world, but the way of the world in a zero interest rate environment. Every tech company hires aggressively in a low interest rate environment for two reasons. 1. Money is cheap 2. Bonds return negative yields so all the money flows into risk assets that grow aggressively. Profits don't matter in this environment. Those that weren't in the workforce prior to 2008 will now learn the importance of profit as interest rates rise to rates we haven't seen in decades.