this post was submitted on 12 Oct 2023
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So what is the next step for Google? Raising YT TV to $100/month? $200/month? Raising Youtube Premium to $30/month? Google one to $200/month? Laying off employees?
I mean they gotta keep hitting that 5% growth every year, right? When does it stop? When there's nobody else at the company? When people can't afford anything anymore and go bankrupt?
When are companies gonna understand that growth for the sake of growth every year is just not feasable?
Depends when we actually enforce and support the SECs market reforms instead of defending them. As it sits once, that 5% target is no longer consistently hitable the naked shorts will start to come from maket makers and hedge funds allowing wall street to make just as much money in the growth stage as in the desth stage of a company plus when Google eventually gets to that point they can buy up all the IP during the bankruptcy process for their next unlimited growth candidate to usurp. Shit is absolutely fucked, plus congress has basically called out in their deals to keep the government running that the SEC can't use any of the budget to further market reform, so your gonna need to vote in candidates who support Markey reform, and proper reform at that sense baring indivual household shareholders from being able to participate and get accurate disclosures on off market trade data, equity swap data, or just widening the gap between wall street and retail investors access to data is also considered market reform by those corrupt individuals supporting wall streets mess.
Isn't that pretty much late stage capitalism?