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You have a group of shoppers that are boycotting brands they feel have backtracked on positions they previously held and you have income inequality getting wors
by ujkhsjkdhf234 1y ago
You have a group of shoppers that are boycotting brands they feel have backtracked on positions they previously held and you have income inequality getting worse so people can't afford the things they used to. Companies will feel the squeeze on both sides of those things.
- layoric 1y agoInequality getting worse is definitely going to start impacting company sales more and more. IMO we are watching the math of perpetual "growth" hit a finite world.
- gruez 1y agoRecessions happen all the time. What makes you think it's not that but "perpetual "growth" hit a finite world"? What bottlenecks are we running into that's causing growth to stop?
- quickslowdown 1y agoI mean, the extremely obvious answer is tarrifs at the moment.
- pgwhalen 1y agoTariffs might be a cause of the next recession, but they aren’t a sign of some fundamentalists on perpetual growth like OP was asking about. They’re just the arbitrary doing of one man.
- andrewjf 1y agoI mean, the middle class finally died a decade ago and all the money was siphoned off to the top. I don’t think is has much to do with growth in it of itself
- trilbyglens 1y agoThe upper classes have extracted growth from a slowing curve by carving more and more out of the middle and lower classes. To them it looks like growth, but it's really just stealing from the bottom to pad the curve.
- andrewjf 1y agoExactly, now they're out of other peoples money.
- apwell23 1y agoi think things they are producing are not that tempting anymore.
- ujkhsjkdhf234 1y agoGiven the success of Wish, Shein, and Temu, I don't agree with that. People want to buy stuff even if its complete trash.