The zombie companies are dying quickly. The controlled demolition of the economy is going as aspected. Caught the npcs in the credit trap, and then pulled the rug. It’s just crazy how npcs can witness this and then say “capitalism is the problem”
Discussion
I believe the era of burning VC money to pulp and dump on the public with no clear path to ever make money was a pre mainstream bitcoin thing. The opportunity cost is too great now vs just buying and hodling bitcoin. These suits had to have done some opportunity cost analysis in the past decade and it must sting
Unlike what the orange pillers parrot, profit does matter. That’s the whole point. If there is no greater fool to offload their bags onto, they are stuck
Orange pillers would rather stick their heads in the sand and pretend like everything is great. That rand0 is a doomer. But the data speaks for itself https://www.businessinsider.com/stores-closing-in-2023-list?op=1
Now that the cost to service debt just went way up, pretty much everyone is cutting spending in other areas to balance it out
Orange pillers, for some reason, thought there was more actual money in the system vs debt. Most ppl were fugazi. They put the absolute minimum amount of money down that they could on their new car/house. As overextended as possible. But that’s how the tiny hats trap the goyim. They let the goyim buy whatever they want now, and pay for it forever over time. Usury is alive and well
The western commies are also about to have to start paying their student loans again, which is also deflationary. Uber and doordash will feel it. The second Great Depression is starting.
The writing was on the wall for retail big box stores over a decade ago. The math just doesn’t math now that there is the internet to compete with. That overhead destroys the bottom line. I’m surprised it took this long. Business isn’t a charity
Opportunity cost is getting clearer for fiat folks, too much information to ignore. Price speaks for itself