3 ms·
Sure, but I don't have access to the other numbers. Basically everything becomes a market for lemons because identifying quality takes to much time or is outri
by bonton89 2y ago
Sure, but I don't have access to the other numbers.
Basically everything becomes a market for lemons because identifying quality takes to much time or is outright impossible. Reputations are fleeting resources that are mined of value, if you're paying attention you realize they have little meaning anymore.
So as a consumer you basically just have to assume everything is crap. And then it becomes a self fulfilling prophecy because the non-crap brands can't be found and go out of business or turn to crap as well to compete with other crap.