3 ms·
It's the biggest bet in my lifetime. But, that number actually seems fair given that the potential "upside" is firing 90% of their employees, and that of client
by consumer451 1y ago
It's the biggest bet in my lifetime. But, that number actually seems fair given that the potential "upside" is firing 90% of their employees, and that of client firms.
- ares623 1y agoWho will be paying to achieve that number. A 90% reduction of employment nearly across the board will be a super recession.
- consumer451 1y agoI agree. However, if you I think of "business" as a drug addict looking for their next quick fix, then this makes perfect sense. For another example of short-sighted addict behavior, look at the last 30 to 40 years of moving your own country's manufacturing base to a geopolitical rival. That's one heck of a long binge. "Business" is not some oracle, with wise planning. It's a crack addict, planning 4 quarters ahead at most.
- consumer451 1y agoI just re-read this in my threads, and I want to make it clear that I am not anti-business, it's just that handing the reigns of all decisions of a country to very shortsighted people might not be ideal.