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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (165204)11/18/2020 10:21:36 PM
From: sense2 Recommendations

Recommended By
ggersh
Haim R. Branisteanu

  Read Replies (1) | Respond to of 219096
 
I think that's mostly right...

The debt problem is universal, as is the issue of globally managed trade (mercantilism) having killed genuine free trade, while in tandem the growth of unrestricted monopoly and coordination by self serving "industry trade groups" has killed entrepreneurialism and the market incentive to solve problems.

Companies that generate cash instead of consuming it are slightly better off, but hardly immune to reversals... as that late stage in the business cycle has them depending on fending off death only by prolonging others inconveniences. Those that have the least debt, or no debt, may at least have a chance to survive... if they're able to re-invent themselves as entrepreneurial again... given changes in the environment approaching.

But, expecting sleeping elephants to be alert and nimble on short notice... ?

None of the morons in tech, today, would be where they are if a judge hadn't broken up AT&T.

The future hasn't ended... its just that your access to it is being denied...

FWIW, I once had a lawyer suggest I go to Enron to get funding for a project I had cooking... since they were throwing money at random to almost anyone who asked. And, yes, I easily could have done that. Instead I fired the attorney. It was obvious to even a casual observer that the wheels would come that POS any minute.